A $120k Christmas is on the way for Bitcoin (BTC), aa whales are preparing for the incoming surge. The recent influx in the Spot Bitcoin ETF has led the BTC price to post a new ATH of $106,500. In the midst of this bullish sentiment, Cardano (ADA) and emerging AI driven platform, IntelMarkets (INTL) have produced significant buzz.
BTC Price Prepares for a Historic Milestone Amid Spot Bitcoin Influx
The undisputed king of cryptocurrencies, Bitcoin (BTC), has continued to show leadership in bull markets. In 2024, the BTC price passed all expectations with flying colors, currently trading at $104,519. As BTC’s price continues breaking records and the Spot Bitcoin ETF inflows surge, the market cap of Bitcoin skyrocketed to a whopping $2.06 trillion.
With a recent influx of Spot Bitcoin ETFs, the crypto market has grown drastically as they represent a regulated and accessible way for institutions and retail investors to gain exposure to Bitcoin. After several Spot Bitcoin ETFs approved by the SEC earlier this year, they have been a catalyst for a wave of new market activity and truckloads of capital flowing into the crypto sector. Over the past year, BTC’s price surge past $100,000 has cemented it as a significant investment opportunity.
IntelMarkets (INTL): The Game-Changer for 2024
IntelMarkets (INTL) is an innovative crypto trading platform that bridges the gap between artificial intelligence (AI) and decentralized finance (DeFi). The AI-powered trading platform helps users develop advanced trading strategies, perform real-time data analysis, and facilitate complex transactions in multiple markets quickly. The combination of AI and DeFi propels INTL into the next generation of trading solutions.
Key Features of IntelMarkets:
- The Great Equalizer: INTL seeks to disrupt the $736 billion crypto trading space by providing retail investors the ability to access institutional caliber tools.
- Dual-Chain Architecture: IntelMarkets runs on both the Solana and Ethereum blockchains, functioning at scale while operating seamlessly across chains.
- Presale Success: Currently at the 8th presale stage, the INTL token is priced at a bargain of $0.073. The project has already raised over $4.8 million in record time, receiving considerable investor confidence.
With early backers having experienced a 700% increase in price, the IntelMarkets presale is catching steam. As it nears sellout, the price of INTL tokens will increase to $0.082 in the next phase. This mechanism rewards those who identify IntelMarkets early, as the price of token’s rises with the growing adoption of INTL.
Can Cardano (ADA) Hold Above $1?
One of the key players in crypto remains Cardano (ADA), renowned for its research, stable ecosystem, and proof of stake consensus. The launch of the Alonzo upgrade, which introduced innovative contract capabilities back in September 2021, saw the price of ADA pass $3.10, an all-time high for the token. Since then, there’s been a series of tests on Cardano’s resilience, but the coin has repeatedly innovated, introducing projects such as the Hydra scaling solution and DeFi partnerships.
Cardano is trading at around $1.07 with a $37.69 billion market cap and has shown ability to survive and thrive, even in the toughest of times. However, ADA is also reliant on the broader market trend and the BTC price. As more scaling solutions with DeFi integrations emerge, Cardano’s support above $1 for will be a significant determinant for ADA’s future success.
Conclusion: IntelMarkets Takes Center Stage
With news of potential gains as the BTC price of $120,000 is on the horizon excites investors, as Cardano (ADA) finds itself in the position to maintain its $1 support. The recent inflows of Spot Bitcoin ETFs have highlighted the growing interest in the crypto space. IntelMarkets (INTL) presents a new take on crypto trading—a fusion of cutting-edge AI technology alongside DeFi innovation. If you are on the hunt for a cryptocurrency with enormous growth potential, IntelMarkets’ AI-powered platform is set to revolutionize the trading industry, becoming the best crypto to invest in this December.
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