Bitcoin has had a volatile week as concerns grew over the worsening conflicts in the Middle East and the Japanese economy crisis. Bitcoin and Ethereum fell severely, but the crypto market has since bounced back. Meanwhile, Rollblock ($RBLK) reached another new all-time high this week, as experts predict huge gains of 100x in 2024.
Bitcoin ($BTC) Loses $50k But Sees Huge Bounce
Bitcoin fell under the key psychological level of 50k recently as world markets were spooked by a perfect storm of fears over rising conflicts in the Middle East, and the fallout from the yen carry trade in Japan. Both sent shockwaves through the markets. Bitcoin has shown remarkable resilience and has bounced massively back to current levels over $57k.
Buying pressure has been strong, and Bitcoin’s daily volume is up over 250% in recent days to over $100 billion. This dip could well be the launchpad that propels Bitcoin out of its range and into the high $70,000s in the coming weeks.
Ethereum (ETH) Dives Below $2200, Is A Comeback Possible?
Ethereum took an even deeper dive on Monday and fell over 20% in 24 hours to $2112. Ethereum has since rebounded back above $2,500, although it is lagging behind other layer 1 chains such as Solana. Outflows from the newly launched Ethereum ETFs have been severe, as the Grayscale Ethereum trust sees further selling due to its high fees.
Holders of Ethereum should consider reevaluating their positions and taking on faster horses with more potential for growth in the rest of this cycle.
Rollblock ($RBLK) Surpasses Major Presale Milestone Amid New Highs
Rollblock ($RBLK) continues to go from strength to strength as its popular presale offering has recently recorded inflows of more than $2 million. The price of its utility token, RBLK, has risen to new highs in recent days and currently sits at the $0.02 price point.
Investors are drawn to the potential of this disruptive casino coin, as it promises to bring the power of blockchain technology to the $450 billion online gambling sector. Rollblock eliminates the risk of bet tampering, as all transactions are encrypted anonymously onto the Ethereum chain.
Rollblock is also totally anonymous, as users can create an account with only an email address and a crypto wallet. The platform hosts over 150 Casino classics, including roulette and Monopoly, plus a range of new exclusives. Sports betting is also coming soon, which will open up valuable new revenue streams.
Owning the RBLK token is like having a stake in the casino’s success. Each week, Rollblock will use its profits to buy back and burn the token. This will see the price soar as supply is removed from exchanges and demand goes parabolic.
Get on board today, as the current low price of $0.02 won’t last long with stage 5 coins already selling out fast. Check the daily Olympic giveaways for a chance to win big.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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