Bitcoin Hits $70K Post Fed’s Rate Decision & Reddit Community Eyes Polkadot and AI Altcoin for x100 Gains
Investors recently received a massive shock when Bitcoin (BTC) spiked above $70,300. The token’s recovery was thanks to the Fed’s decision and comments on interest rates. This push comes after the bearish correction that Bitcoin has been on since it hit a new ATH above $73,000. Before this surge, Bitcoin had targeted lows at around $60,000.
One token that refused to decline is InQubeta (QUBE). The viral AI token has been on a bullish tear for weeks thanks to the momentum of its presale. Throughout the event, interest in InQubeta has skyrocketed, and it recently hit ATH when the Reddit community joined in. Along with Polkadot (DOT), InQubeta has been trending on Reddit as investors anticipate its potential to deliver 100x gains.
Let’s explore Bitcoin’s recent performance and the rising interest towards Polkadot and InQubeta.
InQubeta’s (QUBE) Upcoming Launch Pulls Massive Investor Interest
As the world opens up to the possibilities of AI, retail and institutional investors are keen to reap the highest returns because of the scale of AI adoption. The most impressive way they’ve chosen to do it is through digital investing. For over a year, the creation of AI-based cryptocurrency platforms has given rise to explosive altcoins, including InQubeta. It is a decentralized platform that offers access to AI investments through NFTs.
This means even InQubeta investors can acquire holdings in the AI industry at a discount and earn millions. Before now, investing in this industry was restricted to institutional investors and those with deep pockets. But now, QUBE has changed the status quo, winning over support from amateur and expert investors. Experts have shared that InQubeta’s impressive progress proves it could go mainstream immediately after launch, making it the best crypto to invest in.
The platform’s launch is approaching, and the final stage of its ongoing crypto ICO is trending online, especially on Reddit. The trend has increased the investment base of InQubeta, drawn by the presale’s discount price of just $0.028. This demand has triggered the sale of over 923 million tokens and raised over $12.4 million. In addition to offering discounts, QUBE investors will earn a fast 10% profit after the event ends. Analysts are confident that QUBE is on track to deliver a hundredfold gains to presale investors, making it the best crypto to invest in.
Polkadot (DOT) Gains Attention With Bullish Expectations
Polkadot has recently been one of the top-performing altcoins, delivering more than 84% growth in a few months. The token has been enjoying hype surrounding the launch of its InnoVoy Events, which has been making rounds on social media platforms, including Reddit. DOT reacted to the hype, surging by 13% last week.
The price of Polkadot has been looking bullish since then. Despite the token’s decline with the market-wide bearish correction, DOT aims to target its most recent high. This bullish outlook has made DOT one of the altcoins investors are highly attracted to. According to experts, if Polkadot continues its current pace and the token delivers above recent highs, DOT could push to all-time highs.
Bitcoin (BTC) Delivers Bullish Response To Fed’s Rate Decision
The overall market jumped higher, and Bitcoin briefly hit $68,000. US Federal Reserve Chairman Jerome Powell took a positive stance concerning inflation figures. This development was what had pushed Bitcoin higher, recording a 10% recovery from lows. Over the past weeks, digital assets have declined, and BTC took its biggest daily hit since 2022. Investors had been avoiding risk throughout the days leading up to the chairman’s speech, hoping that last month’s report could dissuade a rate cut. The final decision to keep rate cut plans steady while keeping current rates removed risk from BTC and the overall market.
Conclusion
Thanks to the recent Fed rate report, Bitcoin prices are increasing. . Meanwhile, the investor’s interest in Polkadot and InQubeta has soared. Investors are mostly piling on InQubeta. Everything about the platform points to mouthwatering profits: the presale offers quick returns, while the platform has multiple offerings that could make early investors lots of money. The crypto ICO is the best time to get in, and it’s still available with a 15% bonus on every purchase.
