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Bitcoin Cash Down 5%; Ethereum Nears $3,000 – This New DeFi Token Shakes Up the Crypto World

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The recent market downturn saw altcoins lose key price levels. Bitcoin Cash (BCH), a leading crypto project, is down by over 5%. Meanwhile, Ethereum (ETH) saw a slight uptick, sailing toward $3,000.

Quickly gaining traction is Intel Markets (INTL), a new crypto project that blends AI with DeFi. Its unique offering has captured experts’ attention, tipped to become the next big thing.

Intel Markets (INTL): Preparing to Shake Up the Crypto World

Intel Markets (INTL), one of the newest ICOs, but rapidly gaining traction, is at the heart of the current market buzz. Its unique contribution, too good to ignore, has become a subject of much interest. Taking a unique approach, it integrates AI into crypto trading, preparing to transform the crypto trading scene.

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The global crypto trading market, expected to reach $347 billion by 2030, is poised to be transformed by INTL. By integrating AI and several advanced trading features and tools into trading, users will trade smarter and better—the future of crypto trading.

Further distinguishing it from other DeFi protocols is its dual-chain functionality. It supports the Ethereum and Solana blockchains, aiming to tap into the former’s robust ecosystem and the latter’s speed, scalability and cost-effectiveness.

As it sails toward adoption, it has been hailed as the best new crypto to invest in. Its low price of $0.009 in stage 1 of the ICO offers a good seat and entry, primed for a 100x upswing post-launch, according to experts’ analysis.

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Bitcoin Cash (BCH): Down 5% on the Weekly Chart

Bitcoin Cash (BCH), created as an alternative to BTC, offers fast payments, micro fees and privacy. The peer-to-peer electronic cash system plays a key role in the crypto scene, contributing to its rising demand. As Bitcoin’s hard fork, it often mirrors BTC’s price movement, which, recently, is on the downside.

The Bitcoin Cash price is above the $324 support, down by over 5% on the weekly chart. In the past 30 days, it has declined by over 20%; the silver lining is its attractive price.

According to analysts, the Bitcoin Cash crypto is set to reclaim its monthly high of $429 in the coming days. Looking further ahead, it is on track to flip the annual high of $695 before the end of Q3, making it a great bet. 

Ethereum (ETH) Approaches $3,000

Ethereum (ETH), the leading altcoin and DeFi powerhouse, has shown remarkable resilience. The Ethereum blockchain remains at the forefront of DeFi despite rising competition. With market sentiment largely bearish, the bulls maintain the $2,500 support.

The Ethereum price, defying broader market trends, approaches $3,000. An overall market rally will nevertheless push it to this level faster, which was last seen in the first week of August. Net inflows into Ethereum ETFs will also play a part in this jump.

With the year’s final quarter more promising, analysts are optimistic that ETH will surpass its annual peak of $4,000. It is on track to hit $10,000 before the year’s end, making it an altcoin to watch out for.

Conclusion

While Bitcoin Cash is down by over 5%, Ethereum sails toward $3,000. Meanwhile, Intel Markets, a new DeFi protocol, prepares to shake up the crypto world with its blend of AI and DeFi trading. With adoption all but certain, it is a new altcoin to watch out for.

Discover More About Intel Markets:

Presale: https://intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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