SPONSORED POST*
Bitcoin (BTC), along with Chainlink (LINK), recently recorded price declines that might pave the way for a bearish momentum, according to experts. While investors hope for the best, VC Spectra (SPCT) has offered relief with its forthcoming 627% price surge. As a result, the platform is drawing the attention of the investment community to its ongoing presale.
Summary
MicroStrategy’s (MSTR) Purchases 12,333 Bitcoin (BTC); Price Drops
Bitcoin (BTC) fell modestly on August 1, 2023, as markets digested MicroStrategy’s (MSTR) second-quarter earnings. Bitcoin’s (BTC) price dropped from $29,329 on August 1 to $28,785 on the same day. This increased volatility in Bitcoin’s (BTC) value was a result of MicroStrategy’s (MSTR) recent Bitcoin (BTC) purchase.
MicroStrategy (MSTR), run by Michael Saylor, stated that it added another 12,333 Bitcoin (BTC) to its balance sheet in the second quarter, bringing its total holdings to more than $4.4 billion. This purchase resulted in selling pressure on Bitcoin (BTC), which brought its price down.
Fortunately, Bitcoin’s (BTC) price has recovered, trading at $29,519 at the time of writing. However, experts say that Bitcoin (BTC) has lost its bullish market structure after its decline on August 1. As a result, Bitcoin (BTC) might experience a further price decline in the coming weeks.
Chainlink (LINK) Increases In Projects But not in Value
Chainlink (LINK) recently recorded 12 new integrations into its ecosystem during the past week. Among the projects Chainlink (LINK) partnered with this week are Akitavax, Angle Protocol, Arrland NFT, Debt DAO, Gray Area, Matrix Dock, and Term Labs. Chainlink’s (LINK) recent integrations have expanded its reach across various sectors in the blockchain industry. However, Chainlink’s (LINK) accumulation of projects over the past seven days hasn’t led to an increase in its value.
Chainlink’s (LINK) price has recorded a 4% decline over the past seven days, as it fell from $7.98 on July 27, 2033, to $7.63 at the time of writing. Experts say that Chainlink’s (LINK) extended consolidation period suggests that Chainlink (LINK) will likely see a massive breakout. According to experts, Chainlink’s (LINK) could correct down to $6.13, representing a 19% retracement from its current price.
VC Spectra (SPCT) Presale Performance Proves its Profit-making Potential
VC Spectra (SPCT) is a decentralized hedge fund that offers a wide range of investment portfolios in the blockchain and tech industry. VC Spectra‘s (SPCT) investors are entitled to monthly dividends and buybacks. Also, they enjoy other benefits such as access to high-profit potential early-stage startups and ICOs, voting rights, and more.
VC Spectra (SPCT) is currently in Stage 2 of its public presale, making it an excellent time to participate. SPCT, VC Spectra‘s token, is now trading at $0.011 and is predicted to increase to $0.08 by the end of the presale. This guarantees early investors 627% ROIs by the end of VC Spectra’s (SPCT) presale!
VC Spectra’s (SPCT) real-world utility and features position it to be a high-yield investment platform. Its presale performance is just the tip of the iceberg of the profit levels VC Spectra (SPCT) would attain when it launches.
To learn more about VC Spectra (SPCT) and its presale, visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
*This article was paid for Cryptonomist did not write the article or test the platform.
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