Why The Bitcoin (BTC) And Ethereum (ETH) Price Crashed?

Bitcoin (BTC) and Ethereum (ETH) have recently faced a sharp price decline, with Ethereum (ETH)  falling $2, 411 in mid-September and Bitcoin (BTC) slipping 0.37% to close at $63,349 on Monday. Amid this downturn, ETFSwap (ETFS) has gained 0.51% pushing the total crypto market capitalization to $2.177 trillion, offering a glimmer of hope and a new alternative for investors seeking brighter prospects.

The ETFSwap (ETFS) Groundbreaking Features That Holds Firmly Against Market Forces

ETFSwap (ETFS) presents a suite of innovative features that allow it to remain resilient against market fluctuations, maintaining impressive stability and boosting investors’ confidence even in turbulent market conditions. One of these features is the full decentralization of the ETFSwap (ETFS) platform, which uses smart contracts to manage transactions without centralized control. This feature makes the ETFSwap (ETFS) platform more robust against external shocks and market manipulations that often affect centralized exchanges. 

Additionally, the swapping feature of the ETFSwap (ETFS) platform that allows efficient swapping of other cryptocurrencies in fully DeFi mode has attracted a wide range of crypto investors due to its privacy, security, and the reduced risk of censorship associated with DeFi platforms. 

Moreover, the amazing feature of the ETFSwap (ETFS) platform that allows tokenized assets that are backed by real-world securities purchased from traditional markets to be traded on the blockchain platform gives the ETFSwap (ETFS) platform additional credibility and a stable foundation, making it less vulnerable to market volatility. 

Furthermore, the blockchain immutable ledger that the ETFSwap (ETFS) platform uses in recording all transactions is transparent and trustworthy in a volatile market. The fear of fraud and any identity theft is totally ruled out as the platform team has been verified through a KYC process which was successfully carried out by Solidproof. 

All these innovative features of the ETFSwap (ETFS) platform including its strategic roadmap of launching its Beta platform on September 28 and its own ETF in 2025 has impressed investors who troop to its ongoing presale to buy its tokens even in a volatile market.

The Beta platform that will debut on September 28 has its backend as phase one fully and robustly developed, and after a thorough user interface (UI) testing, it will be unveiled shortly. Investors will then participate in various liquidity pools, enjoying all the swapping features, staking mechanisms and ETFs prices. The second phase will unveil the highly advanced ETF Screener and ETF tracker that helps investors manage their trades effectively and efficiently with the right trading decisions.  

Why ETFSwap (ETFS) Price Soar But Bitcoin (BTC) And Ethereum (ETH) Price Crashed

In the case of Bitcoin (BTC), the new policy change by BlackRock that requires Coinbase to process Bitcoin (BTC) within 12 hours may have contributed to its price dip. However, the ETFswap (ETFS) announcement to launch its Beta platform on September 28 is set to trigger $100 million into its presale as investors rush for its tokens before its presale winds down.

Just like Bitcoin experiencing price dip, Ethereum also faced a similar situation recently. In mid september, Ethereum experienced a significant price downturn. Several factors have contributed to this decline including increased deposit of Ethereum (ETH) on centralized exchanges which may have been a preparation for a potential large-scale sell-off by investors.  

Recommended
Discover the First-Ever MemeVault with Crypto All-Stars.

While these market forces keep affecting Bitcoin (BTC) and Ethereum (ETH), ETFSwap (ETFS) is riding the crypto market with success, selling millions of tokens and preparing to launch a Beta platform. That will showcase the brilliance and innovation of its decentralized ETF trading platform that it pioneers. 

Conclusion

Bitcoin (BTC) and Ethereum (ETH) have experienced market forces that crashed their prices. However, ETFSwap (ETFS) experienced a price increase when selling its tokens during its ongoing final presale. Investors saw the innovative features of ETFSwap (ETFS) standing strong against crypto market forces. Investors see this stable altcoin of DeFi as the best investment option in 2024. Why not pitch your tent with it and buy its token offer of $0.03846 today, and be rest assured that your investment is safe even in the face of volatile market forces.

 For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

✓ Share:

Disclaimer
This article is a paid publication and does not have journalistic/ editorial involvement of CoinGape. CoinGape does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.