Another 0.5% Fed rate cut hope pushed Bitcoin (BTC) to $64,000, though it faced resistance at $65,000. Crypto market experts are also eyeing IntelMarkets (INTL) for huge growth, as it already raised $2 million in private sales. Its AI-powered bots and 50% buy bonus are attracting investors.
In case the market witnesses another Fed rate cut, will BTC and INTL rise? Let’s know more!
Bitcoin Surges to $65,000 After Fed Rate Cut Optimism
Bitcoin has now surged past $65,000, fueled by optimism after the Fed’s decision to cut rates by 0.5%. Over the past month, Bitcoin’s price has climbed 9.8%, now trading around $65,200, with a total market cap of over $1.28 trillion on September 27, 2024.Â
Lower interest rates tend to boost risk assets like Bitcoin as investors seek higher returns in volatile markets. The fed rate cut of 50 basis points drove Bitcoin’s price upwards. As the cost of borrowing decreases, investor appetite for high-yield.Â
Yet, BTC could face resistance at the $65,800 level, as it hit the high of $65,700 and had a strong pull back, currently consolidating near the same price. Despite achieving higher lows and highs on hourly charts, traders remained skeptical about a major breakout, citing $66,000 as a key resistance point.
Experts say as the Fed rate cut of 0.5% has given hope to the market, BTC and other top altcoins like INTL will have a big move. They say these crypto coins will generate huge profits!
IntelMarkets Launches Advanced Trading Solutions
IntelMarkets offers innovative trading features that empower traders. It offers leverage options up to 1000x so that you can make large profits from small investments. Using this, traders can make over $100,000 from a $100.Â
IntelMarkets’ AI-powered trading bots have a proven track record of profitability. You can use these tools to become more profitable. This AI bot will track your trading habits and help to make your trade better.
Moreover, it automates your trade and assists in capital allocation, risk management, etc. Experts say these bots are so advanced that they learn from their experience and get better every day. IntelMarkets also provides exclusive trading opportunities like breakout trends and lucrative arbitrage situations.
What’s more, the platform offers a wide range of advanced trading tools, including real-time market data, customizable trading indicators, and support for platforms like MetaTrader 4, MetaTrader 5, and TradingView. Users can trade better and execute trades with precision across desktop, mobile, or institutional APIs.
In addition, IntelMarkets has launched Route X21, a quantum-proof security initiative to protect blockchain systems from future quantum computing threats. It focuses on developing a Quantum-Proof Ledger to safeguard decentralized systems as computational power advances.
The INTL Presale Promises Over 10x Returns
After raising $2 million in a private sale, IntelMarkets is now in Stage 2 of its public presale, with tokens available at $0.018. Over 14 million tokens have been sold in Stage 2, and investors are excited about the 50% price rise in Stage 3, which will give them 50% instant profit.
Stage 1 investors have already seen a 100% return. In addition, a 50% buy bonus adds another layer of profit. Experts predict that INTL’s price could rise by 1100%, hitting $0.11 by Stage 12.
What happens when INTL gets listed on different exchanges? Experts say your $500 could return $50,000. If another Fed rate cut of 0.5% is approved, it could offer even more returns. Therefore, buy and HODL INTL tokens to make fortunes!
Intel Markets Presale | The INTL Community