Bitcoin (BTC) and Ethereum (ETH) have recorded ranging price movements in the last week of July 2023. According to analysts, crypto whales have grown impatient with Ethereum (ETH) and Bitcoin (BTC) and are now looking for more viable investment options.
Borroe ($ROE) is at the top of that list after the platform sold 25 million tokens at the beta stage and surged 25%. Experts say this decentralized fundraising platform is the next big thing in the crypto industry.
Investors Prepare for Bitcoin (BTC) Bear Run as US SEC Delays Verdict
In July 2023, the United States Securities and Exchange Commission accepted applications to create spot Bitcoin (BTC) exchange-traded funds. These applications came from six investment firms: Blackrock, Bitwise, VanEck, WisdomTree, Fidelity, and Invesco. According to experts, a spot Bitcoin (BTC) ETF would track the value of Bitcoin (BTC) without the asset being held directly.
However, analysts say that spot Bitcoin (BTC) ETFs may never see the light of day. In recent years, the US SEC has rejected and disapproved dozens of spot Bitcoin (BTC) ETF applications, including one from Blackrock in June 2023 and another from Fidelity in January 2022. In the last week of July, Bitcoin (BTC) has gone from $29,910 to $29,350. This price movement proves that Bitcoin (BTC) may soon enter an extended bear run.
Ethereum (ETH) Ranges in the Last Week of July
On July 28, 2023, a data scientist at Variant Fund, Jack Gorman, conducted a thorough analysis of Ethereum’s (ETH) wallet addresses using a customized dune analytics dashboard. He noted that 26.69 million Ethereum (ETH) wallets were created in the past 12 months alone, and only 1.9 million Ethereum (ETH) wallets have shown sustainable activity. Jack also noted that about 7 million Ethereum (ETH) wallets authorize at least one monthly transaction.
According to experts, this analysis shows the actual position of the Ethereum (ETH) ecosystem. Most crypto players open Ethereum (ETH) wallets for airdrops and often remain inactive after serving their purpose. In the last week of July, Ethereum (ETH) lost 1.84% after falling from $1,891 on July 23 to its current price of $1,858 on July 30. Experts say Ethereum (ETH) may remain bearish throughout Q3 2023 unless a significant development occurs.
Experts Predict Extended Bull Run for Borroe ($ROE) in H2 2023
Borroe ($ROE) is an innovative decentralized funding marketplace where web3 participants and content creators can generate instant cash. On Borroe ($ROE), you can mint your future subscriptions, invoices, and royalties into NFTs and sell them at discounted prices to supportive communities. To ensure a secure fundraising process, Borroe ($ROE) incorporates AI risk assessment, efficient payment solutions, and blockchain technology into its protocol.
Borroe ($ROE) is at its early stage, and the token recently surged 25%. Currently, Borroe ($ROE) is selling for $0.125 in its first presale stage. After this stage concludes, Borroe ($ROE) will move into its second presale stage, where it will sell for $0.0150. When all presale stages are over, Borroe ($ROE) will list on major crypto exchanges and sell for $0.0400. This pre-determined price progression means investors cannot go wrong with Borroe ($ROE).
Learn more about the Borroe ($ROE) presale here:
Buy Presale: https://borroe.finance/
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.