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COINTURK NEWS > Sponsored Article > Analyzing the Factors Behind Bitcoin’s Correction: AI Altcoin Shows Growing Interest
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Analyzing the Factors Behind Bitcoin’s Correction: AI Altcoin Shows Growing Interest

Ömer Ergin
Ömer Ergin 1 year ago
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Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article.

The crypto rollercoaster never stops, does it? Bitcoin (BTC) recently took a brief detour into correction territory, slipping to $42K. This article explores the factors behind this dip and introduces you to one of the best crypto to invest in now – InQubeta (QUBE).

Contents
Bitcoin Rebounds, Slips to $42KMetrics Pointing to CorrectionMiner Activity and Market ResilienceMarket Liquidity JazzInQubeta (QUBE): The New Contender

Bitcoin Rebounds, Slips to $42K

In the world of cryptocurrency for beginners, even the mighty Bitcoin experiences hiccups. A weekly report from CryptoQuant signals that BTC might be in for a correction. Metrics like the Bull-Bear Market Cycle Indicator and the percentage of Bitcoin supply in profit suggest that a cooldown is on the horizon.

Metrics Pointing to Correction

CryptoQuant’s Bull-Bear Market Cycle Indicator has entered the red zone for the third time this year, historically signaling a correction. Additionally, 90% of circulating BTC is currently in profit, a scenario that has traditionally preceded a price correction. Selling pressure from both short and long-term holders, whales, and miners has added to the mix.

Miner Activity and Market Resilience

Bitcoin miners are cashing in on the higher prices, selling at a profit margin of 40%. This is evident in the increased miner outflows observed recently. While this correction is a part of the game, CryptoQuant suggests that the bear market is behind us, and BTC has transitioned into a bullish phase. Recently, BTC rebounded to $42,800, showing the resilience that makes it the best cryptocurrency to invest in.

Market Liquidity Jazz

On the brighter side, market liquidity is improving. Stablecoins, especially Tether (USDT), are hitting record highs with a market cap of over $90 billion. Crypto resilience at its finest.

InQubeta (QUBE): The New Contender

Now, let’s shift gears and talk about the newcomers shaking up the top ICO scene. One such project that demands attention is InQubeta (QUBE). It’s currently in its Stage 6 presale, with QUBE tokens priced at $0.01925. With over $7.2 million raised and 660 million tokens already in the hands of early investors, now is the time to get in before the next increase to $0.0224.

InQubeta (QUBE) is not just another contender for the title of best crypto investment. It’s redefining AI investments by bridging the gap between promising AI ventures in need of funding and crypto investors. The QUBE token, InQubeta’s native currency, offers more than just the opportunity to make a profit by trading and staking. It allows investors to participate in the fast-growing AI space.

InQubeta’s ecosystem revolves around fractionalizing investment opportunities into the most popular NFTs, making AI startup funding accessible to all. Investors with varying budgets can invest in AI startups by buying these NFTs – which represent shares in the companies – with their QUBE tokens. The QUBE token’s deflationary mechanism, with transaction taxes contributing to burning and a rewards pool, adds an enticing layer for investors.

The potential of InQubeta (QUBE) is immense. With over $120 billion currently invested in AI, a sector that’s projected to reach $1.5 trillion by 2030, InQubeta is positioned to ride the wave. The current value of QUBE at $0.01925 could be a small fraction of what it might achieve, given the massive capital influx into the AI space.

BUY QUBE NOW

While Bitcoin may experience occasional corrections, the crypto ICO landscape continues to evolve, with projects like InQubeta (QUBE) leading the charge. The synergy between blockchain and artificial intelligence is becoming increasingly apparent, and InQubeta’s approach to fractionalized AI investments is carving a niche in the crypto world.

Don’t miss out on the revolution! Visit InQubeta’s website to learn more about the future of AI investments and participate in their presale event. Join the community on Twitter for real-time updates and discussions. Seize the opportunity to be part of InQubeta’s journey and potentially revolutionize your crypto portfolio.

  • Visit InQubeta Presale
  • Join The InQubeta Communities
Disclaimer: This article is a press release. COINTURK NEWS is not responsible for any damage or loss related to any product or service mentioned in this article. COINTURK NEWS recommends that readers carefully research the company mentioned in the article.
You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 21 December, 2023 - 5:23 pm 21 December, 2023 - 5:22 pm
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