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As of August 14, Bitcoin (BTC) gained significant traction. Similarly, Ethereum (ETH) exhibited a slight bullish movement around the same time. However, VC Spectra (SPCT) stood out by previously raising $2.4 million in its private sale.
But before we talk more about VC Spectra’s (SPCT) winning trajectory, let’s take a closer look at Bitcoin (BTC) and Ethereum (ETH).
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Between July 14 and August 8, Bitcoin (BTC) dropped substantially by almost 4% from $30,270 to $29,197. However, Bitcoin (BTC) recently gained significant traction despite this negative price movement.
On August 8, Moody’s cut credit rating for 10 small and midsized U.S banks. This resulted in negative sentiment surrounding fiat currencies and the banking industries. As a result, Bitcoin (BTC) surged as investors sought it as an alternative banking system.
Between August 8 and August 14, Bitcoin (BTC) surged 1.3% from $29,012 to $29,380. This positive Bitcoin (BTC) price action was accompanied by a similar 1.4% increase in market cap from $564 billion to $572 billion during the same time. Moreover, as of August 14, Bitcoin’s (BTC) MACD and SMA 100 levels indicated strong bullish momentum.
Let’s see if Ethereum (ETH) exhibits a similar scenario to Bitcoin (BTC).
On August 4, a Twitter user alleged that Ethereum (ETH) founders conspired with the former SEC director to avoid legal complications. Documents stated that the former SEC director ensured that Ethereum (ETH) would not be classified as a security. This revelation may have implied internal collusion with a regulatory authority, something Ethereum (ETH) and the crypto community as a whole may not have liked.
However, following this news, Ethereum (ETH) showed a minuscule upward movement of 1.3% from $1,843 to $1,847 between August 4 and August 14. In addition, Ethereum’s (ETH) market cap remained stable, hovering over the $222 billion mark.
Moreover, as of August 14, Ethereum’s (ETH) EMA 30 and SMA 20 levels signaled the potential for a bearish trend. Yet, investors may want to avoid Ethereum (ETH) until an uptrend is confirmed.
Instead, they should opt for VC Spectra (SPCT), which has grown remarkably.
VC Spectra (SPCT) is a decentralized asset management platform focusing on democratizing access to blockchain. The platform provides users with sustainable and profitable returns while keeping the risks minimum. VC Spectra (SPCT) enables users to benefit from its token appreciation and dividends.
The SPCT token is a BRC-20 token used for decentralized trading and asset management on the platform. The token is ingrained with a deflationary burn mechanism that preserves its value by reducing its supply over time. Besides benefitting from the token’s appreciation, VC Spectra (SPCT) grants users early access to exclusive Pre-ICOs.
As the platform progressed from Stage 1 to Stage 2 of the presale, investors witnessed a significant 37.5% surge from $0.008 to $0.011. When VC Spectra (SPCT) enters Stage 3 of its presale, users will experience another 127% increase from $0.011 to $0.025. If someone bought SPCT tokens in Stage 2, they could yield a 627% profit from $0.011 to $0.08 once the presale ends.
If you want to capitalize on significant gains, head over to VC Spectra (SPCT) and benefit from their limited-time offer of a 25% bonus on all deposits.
Buy Presale: https://invest.vcspectra.io/login
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Analytics Insight® is an influential platform dedicated to insights, trends, and opinion from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.
Disclaimer: Any financial and crypto market information given on Analytics Insight is written for informational purpose only and is not an investment advice. Conduct your own research by contacting financial experts before making any investment decisions, more information here.