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Bitcoin recently fell to $49k as world markets saw a huge sell-off amid rising fears in the Middle East and worrying economic data. Binance Coin also experienced a stomach-churning dump while Rollblock ($RBLK), a promising new play-to-earn crypto coin, saw new all-time highs after early investors were given a substantial 100% ROI. Find out why experts are calling for massive gains for this disruptive gem.
Summary
Bitcoin ($BTC) Tumbles Under 50k As Markets Face Huge Sell Off
Bitcoin recently lost the 50k level for a short time on Monday following enormous selling pressure as concerns grow over economic headwinds from Japan and the US, as well as an escalation in the conflicts in the Middle East.
Bitcoin’s price rebounded quickly to around $55k before cooling off again as traders considered their next move. A huge increase in Bitcoin’s 24-hour trading volume saw over $100 billion of Bitcoin traded on Monday, a surge of over 240%.
Bitcoin may struggle to regain momentum as the market now faces huge uncertainty from multiple angles. Whales continue to buy the dip, seeing bull market pullbacks as a great opportunity.
Binance Coin ($BNB) Holders See Price Struggle Despite Bullish News
Binance Coin (BNB) saw the SEC soften their stance recently as the government agency led by chair Gary Gensler withdrew allegations around coins on the Binance exchange. The SEC had alleged that third-party coins sold on the site were being offered illegally as unregistered securities, which had caused Binance Coin’s price to decrease.
Binance Coin also saw an incredible number of tokens burned during its 28th quarterly token burn, which saw over $970 million worth of Binance Coin tokens taken off the market. Binance Coin may well find its footing around the $460s, which would build a base for a bullish move to over $600 in the coming months. Some experts believe that Binance Coin could reach an all-time high over the next few weeks, though this will depend on whether or not the market can bounce back from its recent crash.
Rollblock ($RBLK) Taking Pole Position As It Hits New Highs
Investors continue to pile into the Rollblock ($RBLK) Presale, as it has recently made yet another new high in August. Offering new standards in transparency to the highly lucrative online gambling sector, Rollblock leverages the power of blockchain to encrypt all transactions onto the Ethereum chain. This eliminates a major pain point from the industry and removes the risk of bet fixing.
Rollblock is entirely anonymous and KYC-free. Users simply connect a crypto wallet to get started. For a short time, deposit bonuses are available to new users, further enhancing their experience.
The 150+ casino games on the platform offer a huge range of classics, old and new, with provably better odds than competitors. Payouts are made using the native RBLK token, which can be staked for a generous yield of up to 30% in passive income. The casino will also support price action by buying tokens on the open market each week to allocate to stakers and burn coins regularly.
Analysts are calling for massive gains of up to 200x this year, and investors are urged to make an allocation before RBLK increases from its current price of $0.02. Check the Rollblock socials for daily Olympic giveaways during Paris 2024.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
*This article was paid for. Cryptonomist did not write the article or test the platform.