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As a result of negative US CPI data, investors have been shifting away from high-risk assets, resulting in a decline in Bitcoin price. BTC fell from $92,000 support to a low of $85,836 on Tuesday. Meanwhile, Ripple (XRP) has also experienced the heat, as the SEC’s silence in the Ripple case sparks criticism and fuels legal uncertainty.
The March Bitcoin price prediction shows that it can face more challenges, while DTX Exchange, a new presale token, grabs attention for its innovative solutions.
Expert analysis shows that DTX Exchange could be one of the best projects due to its strong fundamentals and growth potential. The project is seeing massive attention as investors are delighted with the prospect of 2X gains as its listing price is over $0.36. Moreover, the 6,200% price increase projection places it on the priority watchlist for those seeking huge upside potential even in a bear market.
Bitcoin Price Sees Extended Profit Booking
The Bitcoin price surged tremendously in November last year after breaking out of a multi-year cup-and-handle pattern. It broke out of the $73,828 resistance and gained over 60% during this rally. On 20 January 2025, BTC touched a new All-Time High (ATH) at $109,114.885 but started to fall due to profit booking.
Courtesy: TradingView
On Monday, BTC crashed after a three-week consolidation and dropped to sub $90,000. Having plunged over 10% within two days, the Bitcoin price had become oversold with an RSI of 29.81.
Due to this, buying pressure increased as investors acquired BTC at a discounted price. The Bitcoin price bounced from yesterday’s low at $85,794 and currently trades at $88,889.38, having gained 1.83% in the last 24 hours. The Bitcoin price prediction shows crucial support at $86,200 and $82,000, while on the bullish side, $92,000 will be the major resistance zone.
Ripple vs. SEC: Appeal Dismissal May Be Near, Bullish For XRP?
The Ripple (XRP) community is buzzing with excitement as speculation grows that the SEC might drop its appeal against Ripple. Market analysts and experts are closely watching this regulatory shift, which could have a major impact on XRP and the overall crypto industry. Former SEC enforcement chief John Reed Stark noted that the agency’s efforts to classify digital assets as securities are losing momentum.
As of February 26, Ripple’s XRP is trading at $2.27, a 4.2% increase in the last 24 hours. It partially recovered from Tuesday’s 9.5% drop to close at $2.06. Ripple outperformed the broader crypto market, which fell 1.79% to a total market cap of $2.76 trillion. Growing optimism about the SEC withdrawing its appeal fueled demand for XRP.
DTX Exchange Presale Kicks Off Final Stage
While the broader crypto market nosedived after a significant drop in the Bitcoin price, DTX Exchange (DTX) soared, raising over $1 million in the last two days. From its initial stage, the token has already delivered 800% ROI, outperforming most top altcoins.
Unlike traditional trading exchanges, which suffer from various inefficiencies, DTX Exchange is built on the high-speed VulcanX blockchain, which has performed tremendously in the recent testnet launch, achieving a speed of 200,000 transactions per second (TPS). This allows traders to swiftly capitalize on small market movements and reduce slippage cost with a 0.04 second order execution speed.
Additionally, DTX Exchange provides an integrated automated investment manager that tailors strategies for different market conditions. This tool allows users to manage their portfolios comprehensively and balance risks across different markets.
The immediate profit surge of 2x at the time of listing has been a major attraction for traders seeking a promising profit cushion even in the bear market. Furthermore, according to the post-listing projection, $100 invested at the current level of $0.18 could turn into $6,300 in a few weeks of launch.
Key Takeaways
With rapid scale, DTX Exchange is positioning itself as the next big thing in the cryptocurrency market. Investors are moving away from Bitcoin price due to its high valuation, while Ripple enthusiasts are confused amid regulatory uncertainties. This shift has led major funds to invest in the DTX presale, driving its listing price to $0.36.
Find out more information about DTX Exchange (DTX) by visiting the links below:
