Why is Crypto Down Today? Analyst Points to the Few Ethereum Altcoins Still Bullish
The crypto market is experiencing a bloodbath after Fidelity sold 2,812 Bitcoin (BTC) on September 4. As a result, investors are searching for Ethereum altcoins that have maintained bullish trajectories.
Luckily, an analyst has spotted RCO Finance (RCOF), an Ethereum token that has secured $1.77 million in funding during its pre-sale.
Will the crypto market recover from the Fidelity-triggered bearish trend, and what drives RCO Finance’s growth? Read on to find out!
Crypto Market Slumps After Fidelity Sells 2,812 BTC!
Fidelity Investments, a leading U.S. financial services firm, sent shockwaves across the crypto market on September 4 after selling 2,812 Bitcoin. Notably, this sale marked the second-largest outflow in Bitcoin’s history. So, it is no surprise that the news of this sale triggered massive FUD in the crypto market.
With investors driven by emotions of fear, doubt, and uncertainty, Bitcoin plunged as low as $55,676. However, the panic selling was short-lived as savvy investors bought the dip. As a result, Bitcoin (BTC) recovered partially before stabilizing at around $58,275. Moreover, the 24-hour Bitcoin trading volume is up 34%, signaling increased buying.
However, the altcoin market is yet to recover from the Bitcoin-induced bloodbath. For instance, Ethereum (ETH) and most Ethereum altcoins still trade in the red. This explains why this analyst points to RCO Finance (RCOF), one of the Ethereum altcoins that have maintained a bullish trend.
RCO Finance’s Crypto AI Features Leave Investors In Awe!
Crypto investors are flocking to RCO Finance for several reasons. For instance, the platform’s AI and blockchain infrastructure supports cutting-edge trading features, which help investors hedge against losses even when the market crashes. However, investors are increasingly embracing RCO Finance because of its robo advisor.
The RCO Finance robo advisor has captivated investors because it simplifies the investment experience, enabling novice traders to invest like pros. Specifically, the robo-advisor leverages complex algorithms and machine learning to offer data-based investment recommendations.
To achieve this, the robo advisor scours the crypto and TradFi markets and selects assets that match an investor’s risk tolerance and financial goals. Furthermore, the robo advisor can pinpoint the best times to open, close, or double down on positions.
For instance, the robo advisor can now recommend investing in Ethereum altcoins because the market mirrors Bitcoin’s price movements. Such data-based predictions help investors reduce risk exposure while raising their chances of profitability.
Moreover, RCO Finance has helped investors streamline their investment journeys by supporting over 120,000 assets across 12,500+ crypto and traditional finance asset classes. These assets offer investors inexhaustible options to diversify their portfolios to withstand the harshest winter markets.
In addition, RCO Finance issues non-KYC debit cards, enabling investors worldwide to spend crypto freely, whether within the DeFi ecosystem or in the real world.
RCOF Poised To Eclipse Top Ethereum Altcoins During Its Pre-Sale!
Besides its robo advisor and top-tier DeFi features, RCO Finance has gained ground in the crypto sector because of its native token, RCOF. RCOF is an Ethereum token with a total supply of 800 million and a deflationary mechanism. These features help ROOF's value to be appreciated over time.
As of September 4, RCOF was in Stage 2 of its ongoing public pre-sale. RCOF’s price during this is $0.0344. Once RCOF progresses to Stage 3, its price will increase to $0.0558. By surging to $0.0588, RCOF will have generated a 62% ROI for Stage 2 investors.
More importantly, RCOF will reward Stage 2 investors with a 1,644% ROI when its launch price rises to $0.4-$0.6. Furthermore, experts believe RCOF will continue pumping once it launches on leading exchanges. Specifically, experts believe RCOF might replicate Ethereum’s 3,600% surge in 2021.
This bullish prediction explains why you should join the RCOF pre-sale now for massive returns soon!
For more information about the RCO Finance Presale:
Join The RCO Finance Community