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Investors Buy Ethereum & FXGuys As Bitcoin Dominance Touches New Highs

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Bitcoin (BTC) dominance rises to new highs and altcoin rotation looms. Experienced investors are strategically taking positions that will let them benefit massively in the next market move. Ethereum (ETH) also continues to attract investors with its ambitious updates like “The Surge,” another rising star. FXGuys ($FXG) is still stealing the spotlight with massive growth potential.

Ethereum remains the cornerstone of the decentralized finance (DeFi) market. Yet, investors are rushing to buy FXGuys, an advanced decentralized platform that promises massive long-term gains. As Bitcoin surges, the altcoin season is following suit. Besides, $FXG might lead the surge, making it a good crypto to buy now.

Ethereum Sees Mixed Capital Inflows Amid Bullish Sentiment

Since October 9, 2024, Ethereum has recorded increased capital inflows. Nonetheless, these inflows have reduced recently, which may disrupt Ethereum’s progress upward.

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Based on options data from Deribit, the market appears less optimistic about Ethereum. Most analysts insist that the biggest altcoin will not surge above the $3,000 level this month. Nonetheless, as the US elections approach, ETH might surpass this zone. Moreover, the next administration’s stand on DeFi regulations will be important.

In the past week, more than 220,000 ETH of Open Interest entered the Binance exchange, translating to bullish bets. The bullish sentiments were supported by Vitalik Buterin, who released an update blog post on his X account about an update that included the ambitious “The Surge” roadmap.

ETH was trading at $6,630.73 on October 18, up 9.75% in the past week. Analysts say ETH will rise to $2,815.16 this month, supported by increased buying pressure. As Ethereum looks up ahead of altcoin rotation, investors are turning to FXGuys since it promises massive gains despite being in its presale phase.

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FXGuys: Advancing Trading with a Decentralized Broker Platform

FXGuys is creating a decentralized broker platform that caters to all traders’ needs. This groundbreaking multi-asset trading platform has high-quality analytics tools and real capital th, empoweringilled and talented traders.

FXGuys offers $500,000 in trading capital for these ambitious Traders to manage. Through this strategy, retail traders can compete with whales for opportunities in the market since their capital has increased considerably. FXGuys’ unique Trade2Earn model enables users to earn $FXG tokens with every trade in crypto, forex, equities, indices, commodities, and other assets.

Since FXGuys focuses on its community ecosystem, the platform blends DeFi with traditional finance to offer increased transparency, crypto payments, and unique rewards that enhance users’ trading experiences.

Since 2017, FXGuys has been an active community hub for traders and published relevant and updated forex news. While using the platform, users can engage with their peers to exchange information and ideas and learn about the crypto market extensively.

The legitimacy of this platform was proven when Soken audited the $FXG smart contract. Hence, experts agree it is a viable and lucrative long-term investment since its presale value currently is a bargain for anyone seeking massive gains in the long term.

FXGuys has a robust staking feature that lets investors earn significant passive income. Staking helps investors lock their $FXG tokens on the platform and enjoy many rewards without trading actively. Investors aiming to build a steady source of income can stake their $FXG tokens on the platform. 

As the altcoin season approaches, investors are buyaggressively ing the $FXG presale agurrently, in Stage 1 of its public presale valued at $0.03, new investors will enjoy 233% ROI at the end of the presale once $FXG lists on mainstream markets at $0.10.

Bitcoin’s Bullish Crypto Market Move: Peter Brandt Predicts Major Growth Ahead

On October 16, 2024, Peter Brandt, a renowned financial markets expert, offered his prediction on Bitcoin, insisting on a price threshold. Brandt believes BTC will record massive growth if it reaches or surpasses $72,000.15.

The concept of extreme price increase, dubbed the “Banana Zone” by Raoul Pal, refers to a theoretical phase where BTC’s price may surge steeply and continuously. Nonetheless, Brandt believes such a scenario is premature until Bitcoin reaches near-record levels.

In coin has shown constant bullish pressure, s in the last several weeksetting new local highs. Based on the current trend analysis, BTC will soon test the resistance at $70,000.15, which many experts consider critical.

On October 18, BTC was valued at $67,977.91, up 12.52% in the past week. Analysts say BTC will rise to $70,655.12 in October, powered by increased demand for the token. Despite the expected growth in Bitcoin’s market, investors are buying FXGuys due to its superior growth potential.

Investors Eye FXGuys for Gains as Altcoin Rotation Nears

As the altcoin rotation approaches and Bitcoin’s dominance increases, investors are now positioning themselves for the coming market move. While Ethereum’s growth and technological advancements remain a strong appeal, FXGuys has emerged as a game-change with its decentralized trading platform and exclusive Trade2Earn model.

With $FXG’s presale offering a huge ROI, the new token stands out as a promising opportunity for those looking for long-term gains. As the market prepares for the altseason, $FXG will lead the charge, attracting experienced and new investors.

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