After a period of uncertainty, the crypto market is thriving again. BTC news is indicating a steady surge in its price. Similarly, Ripple also illustrates a promising upward momentum that is widely attributed to the XRP ETF approval by many analysts. Polymarket believes that there is a 71% chance of the endorsement of XRP ETF.
However, experts are projecting that the surges in the price of both BTC and XRP could be a temporary sensation, given the broader political sentiment. In all this havoc, they believe IntelMarkets can prove to be the next big contender because of its promising potential.
Bitcoin Price Maintains Strong Bullish Momentum
Bitcoin has always been a dominant player in the crypto industry. Currently, Bitcoin price’s recent surge above $100k signals a strong bullish trend. Analysts are attributing this upward momentum to broader economic and political conditions. Trump’s upcoming inauguration has been a prominent driving force of current optimism in the crypto market.
Bitcoin price started plunging a little in early January to a low of around $90,000 but it quickly bounced back to the road to recovery. BTC news suggests that Bitcoin price has seen a rise of just below 10% in the last 7 days. Industry insiders believe this increase in the moving average indicates a further bullish sentiment.
Source: CoinMarketCap
However, its RSI which is currently at around 60, might be an indicator of Bitcoin price correction. In addition, given the broader market sentiment, experts recommend opting for emerging projects like IntelMarkets to avoid potential risks.
XRP ETF Approval Chances Take Ripple to New Heights
Ripple (XRP) has experienced significant price fluctuations in December. However, now XRP is showing consistent growth in its price as it has risen over 30% in the past seven days. Industry insiders consider the broader market conditions as the reason behind this surge.
Ripple’s CEO speculates that Ripple will also experience the “Trump effect”. It means that Donald Trump’s pro-crypto administration will have a positive impact on Ripple. This also increases the likelihood of the approval of XRP ETF which is another driving factor of XRP upward momentum.
Source: CoinMarketCap
In addition, Analysts speculate that this might also lead to the clearance of Ripple’s legal issues with the US Securities and Exchange Commission (SEC). However, despite all this Ripple’s performance has been in decline in the last 24 hours. Therefore, considering the current legal risks and performance, investors are moving to projects like IntelMarket (INTL) that could exhibit more potential.
IntelMarkets Emerging as the Next Big Contender?
Analysts are betting on IntelMarket (INTL) as the next big contender because of its AI-powered infrastructure. It is also backed by a team of ex-employees from reputable AI organizations, including Open AI and Renaissance technologies. This platform aims to make artificial intelligence easily accessible in the crypto world.
Therefore, IntelMarkets offers a number of advanced AI features and tools that are not available in most of its competitors. For instance, it incorporates Rodeum AI™ agents that could conduct a thorough sentiment analysis of the market trends. It even analyzes sources such as social media and news articles to provide a holistic market sentiment for traders.
In addition, it also employs auto-trading bots that can execute trades with utmost precision without requiring any manual input. Similarly, IntelMarkets also considers the security of traders their top priority. Industry insiders believe upcoming quantum computing threats have the potential to break down widely used encryption in the crypto market.
Therefore, the platform has integrated a Quantum-proof security ledger that could potentially provide protection against advanced cyber threats. Furthermore, IntelMarket has done impressively well in its presale by securing over $6.8 million in funding in stage 9.
Hence, considering all of these offerings along with a groundbreaking presale performance, experts mark IntelMarkets (INTL) as potentially the next big breakthrough.
Conclusion
The optimistic BTC news and hopes around XRP ETF are no doubt fueling fresh excitement in the crypto market. This is because Institutional and retail investors both believe that the endorsement of XRP ETF could be beneficial for them.
However, experts warn against these price surges as they can be short-lived. With all the speculations, industry insiders project IntelMarkets as a promising contender because of its strong potential for future growth.
Learn more about the IntelMarkets (INTL) presale:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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