As the Bitcoin price fluctuates around $100,000, crypto traders whether the crypto asset could see a price crash to $50,000. The crypto market is in a bull season, and a price Bitcoin price crash to $50,000 is unlikely in the short term. However, crypto traders are hedging their crypto bets with ETFSwap (ETFS), a new Ethereum altcoin predicted for a 55,000% surge towards 2025.
ETFSwap (ETFS) is exhibiting potential to lead altcoin gains this season and could be key to making life-changing profits in this bull market. Read on to see why the new Ethereum altcoin is commanding huge attention.
Crypto Traders Hedge Position Against Bitcoin Price Movement
The Bitcoin price has impressed this year so far, and investors are an even more exciting close to the year. Bitcoin price traded around $44,187 at the start of the year, and it has recently set an all-time high above $103,679 this month. For many crypto traders, Bitcoin (BTC) is in price discovery, and its prospects for the coming month will determine the market direction.
While a higher percentage of experts believe that the Bitcoin price could rise higher in this bull market, the crypto market is a volatile one, and crypto traders often take measures to safeguard their trading positions.
As of this writing, the Bitcoin price is trading at $97,807, showing a correction trend after crossing $100,000. Following the Bitcoin price rally to a $69 all-time high in the 2021 bull market, the two-year bear season that followed crashed BTC to $16,000, a 76% price crash.
While the Bitcoin price still looks bullish, crypto traders are buying ETFSwap (ETFS), a new Ethereum altcoin, to hedge their position against such price crashes. With ETFSwap’s potential for a 55,000% rally, the gains on the Ethereum altcoin can enable crypto traders to hold their BTC potential through bearish occurrences.
ETFSwap (ETFS) Set For A 55,00% Market Rally Into The Bull Run
ETFSwap (ETFS) has caught the attention of crypto enthusiasts and experts who are on the lookout for the most promising investment picks for the bull run. The prospects of a 55,000% price move on ETFSwap (ETFS) have drawn much more attention to the Ethereum altcoin, but experts have dived deeper into the project’s market position to better understand its potential.
ETFSwap (ETFS) is a new Ethereum-based platform set to drive investment in ETFs via the blockchain. The new platform will list tokenized ETFs backed by actual ETF securities from various industries.
This unique solution fixes a market need for crypto investors as ETFs become major drivers for the Bitcoin price. At the same time, ETF investors can take advantage of a more advanced platform for trading ETFs than centralized platforms.
With ETFSwap (ETFS), users can expect faster ETF settlements even outside of TradFi trading hours, alongside other features that circumvent the limits of centralized markets. The new platform will enable zero KYC requirements and easier conversions between ETFs and cryptocurrencies.
Experts think ETFSwap (ETFS) could be the perfect pick for hedging bets on the Bitcoin price as the market is moving towards new all-time highs. The ETFSwap (ETFS) has passed a KYC audit by SolidProof, which verified the legitimacy of the team. Also, ETFSwap (ETFS) has secured a CoinMarketCap listing ahead of its token listing on Uniswap, allowing investors to now track price action on the platform.
The new Ethereum altcoin is poised to deliver better returns than Bitcoin (BTC), and smart investors are getting in, but it’s still underpriced on Uniswap.
Conclusion
Investors are swarming to buy ETFSwap (ETFS) on Uniswap amid the predictions of a 55% rally. However, the market conditions that make ETFSwap (ETFS) a hedge position for the Bitcoin price include its currently underpriced market value and recent emergence. The new Ethereum altcoin continues to grow in popularity in the market, and it’s best to get in as early as possible.
Join other smart crypto traders and buy ETFSwap (ETFS) on Uniswap now ahead of its 55,000% prediction price rally.
For more information about the ETFS Launch:
Visit ETFSwap Website
Join The ETFSwap Community
Source: https://finbold.com/bitcoin-price-prediction-will-btc-ever-reach-50000-again-crypto-traders-hedge-bets-with-ethereum-altcoin-set-to-surge-55000/