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With Bitcoin (BTC) recently hitting a new all-time high (ATH) price above $73,000, various analysts have been weighing their predictions as to when the top cryptocurrency will hit the psychological price of $100,000.
Meanwhile, Borroe Finance ($ROE) is witnessing heightened investor interest based on its quest to moon compared to Render thanks to its real-life utility of eradicating liquidity challenges in the Web3 industry.
Summary
Innovation is at the Heart of Borroe Finance
Given that Borroe Finance is materializing as an innovative NFT-based and AI-powered marketplace, the ecosystem intends to change stakes in the Web3 sector by onboarding more participants since it links revenue buyers and sellers in this industry.
As a result, Borroe Finance is crafting a name for itself in the DeFi crypto list since it enables Web3 players to get immediate funds by collateralizing their outstanding payments or future invoices.
Borroe Finance goes even a notch higher since these future earnings are minted as non-fungible tokens (NFTs), which are sold off on its peer-to-peer (P2P) marketplace, enabling Web3 content creators, artists, and businesses to access instant cash.
This out-of-the-box strategy is enabling Borroe Finance’s governance token called $ROE to be among the top DeFi coins since it’s accelerating the decentralized finance anthem.
Borroe Finance’s innovation in the Web3 sector has not gone unnoticed since investors are pumping more liquidity into the ecosystem, as evidenced by the fact that at least $3.4 million has been raised at presale.
Furthermore, the number of $ROE tokens purchased stand at more than 267 million, making it one of the best cryptos to buy.
With Borroe Finance gearing towards being launched in DEX (Decentralized Exchange) and centralized exchanges, significant momentum is happening in the network thanks to its long-term goal of breaking entry barriers in the Web3 industry.
Is Bitcoin Experiencing a Macro Bull Rally?
Bitcoin continues to be the talk of town thanks to its recent rally that saw the apex cryptocurrency hit historic highs of $73,000.
This bullish momentum played an instrumental role in pushing the cryptocurrency market cap above the $2.6 trillion mark.
Even though BTC has retraced to the $66,365 zone at the time of writing, a bullish picture continues to be painted since the leading crypto might be experiencing a macro bull rally.
For instance, the weekly 200 and 50 moving averages (MA) recently generated a golden cross, a scenario not seen in Bitcoin’s history. The heightened capital inflows being experienced in the BTC network have been accelerated by spot Bitcoin exchange-traded funds (ETFs), which got the greenlight in January this year.
As a result, Bitcoin has been witnessing a monumental HODL culture that has been making the price go through the roof.
This uptrend has made various leading analysts delve deeper into the issue of when Bitcoin will breach the psychological price of $100K.
Crypto Jebb predicted that BTC could get to this mark between August and October this year. The analyst pointed out, “Within 90 days of breaching ATH, Bitcoin price has historically rallied 50 percent higher than the ATH. Thus, from August to October this year, Bitcoin price will probably be trading around $100k.”
Renowned crypto analyst Michael Van de Poppe suggested that Bitcoin could surge to $100,000 post-halving, with this event slated for April this year. Halving happens after every four years, whereby miners’ rewards are slashed by half.
Adam Back, another top analyst, predicted that Bitcoin could become a six-figure currency around the date of this year’s halving.
Therefore, time will tell how Bitcoin shapes up in the short and long term.
Learn more about Borroe Finance ($ROE) here:
Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter
*This article was paid for. Cryptonomist did not write the article or test the platform.
