It’s no longer news that the crypto market has hit a bearish wall after an impressive bullish start this year. While investors are anticipating the inauguration of the pro-crypto Trump administration to inspire a market uptrend, a recent governmental approval may have tempered investors’ optimism and altered the direction of Bitcoin price predictions. Ethereum (ETH), another top crypto coin, has also continued its fall, and investors are now out for a dark horse that could save the day.
Top among them is the new Remittix ($RTX) project which has continued to make headlines for weeks now. The new DeFi project has raised excitement in the crypto market with its PayFi solution, and experts believe the project has enough potential to live up to the bullish hype it’s getting right now.
More details on Remittix and the top two cryptos coming up.
Silk Road BTC Sale Approval Impacts Bitcoin Price Predictions
It’s just a few weeks into 2025, and Bitcoin has already had a roller-coaster experience in the crypto market. Recall that the BTC price set a new ATH at $108K just before Christmas last year. After a minor relapse in the last few days of 2024, the BTC price made a bullish dash for its ATH again earlier this year before the general market crash.
Lately, there have been quite a number of bullish Bitcoin price predictions tipping BTC for another rally in anticipation of a new US administration. However, such predictions have now been dealt a big blow as Bitcoin now faces uncertain times following a major regulatory development.
The US Department of Justice has approved the sale of 69,370 Bitcoins seized from the Silk Road marketplace at over $6 billion. This news marks the end of a long legal battle, but its impact on BTC could be disastrous. The BTC price is now trading at $95,000, a weekly 3.15% dip. Many experts are rethinking their Bitcoin price predictions, with some developing cold feet about.
Ethereum Price Dips 16%: Will ETH Rebound?
Before the recent market-wide setback, Ethereum has been quite unimpressive considering how bullish Bitcoin and other top altcoins like Solana got late last year. Although ETH briefly crossed the $4,000 mark in December, the coin soon could not sustain its bullish momentum and is now struggling to stay above $3,200.
At $3,068, the Ethereum price has now dipped 26% in the past month, mirroring the overall bearishness in the crypto market. ETH investors are cautious as Ethereum ETFs are experiencing outflows, and Ethereum’s staking yield continues to drop.
With such uncertainty clouding the Ethereum price trajectory, ETH holders can only hope for a rebound, especially if the coin can defy the general downtrend in the market.
Viral Remittix ($RTX) Steals the Spotlight
As Bitcoin and Ethereum struggle to regain momentum due to regulatory pressures and market volatility, the crypto market is jumping on Remittix‘s dream of a PayFi solution that addresses the problems of crypto-to-fiat transactions. Remittix’s PayFi technology supports over 40 cryptocurrencies and allows for direct transfers into more than 30 fiat currencies across the world. The project is the newest gift of innovation from the DeFi sector.
With the entire crypto market egging it on, the Remittix platform would be going head-to-head with traditional payment institutions like Stripe and Wise. Without any hidden fees or conversion delays, there is no doubt that Remittix has what it takes to hold its own. The project’s native $RTX token has quickly gained traction, with presale numbers doing impressive numbers.
In a market where Bitcoin and Ethereum are battling bearish pressure, Remittix has earned a reputation as one of the most promising cryptos in 2025. The $RTX token begins its profit journey with up to 800% in its presale for early birds. It gets even better after launch as experts project that the demand for Remittix’s PayFi solution would create a huge demand that could pump the $RTX token by up to 5,000%.
The $RTX presale is in high demand and selling out fast. Buy now and lock in short and long-term gains.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
