Bitcoin (BTC) and Ethereum (ETH) get in the lead of the latest crypto bull run which sent the industry’s value back to $1 trillion. Analysts believe this could be the start of a sustained recovery that could recover some of the losses made this year.
Although a newcomer, The Hideaways (HDWY) is also seen leading the pack – the presale token is seeing huge demand thanks to a 100% bonus on all investments ahead of the price rising later this week. This offer ends soon, so make sure you buy now!
Optimistic US Job Report Lifts Bitcoin (BTC) Price
Bitcoin (BTC) jumps over the US Labor Department’s latest report showing 261,000 new job additions in October, showing a recovering macroeconomic condition. This is right after the Federal Reserve hiked interest rates by another 0.75% to curb the country’s growing inflation.
Investors are recovering their appetite for crypto assets again, with Bitcoin (BTC) remaining the top choice. BTC hiked 3.41% in the latest charts, with the price hitting the $21,000 zone for the first time since September.
Other cryptocurrencies receiving attention are Ethereum (ETH) and The Hideaways (HDWY) following their impressive gains in October.
Bitcoin (BTC)’s 24-hour charts show an upward trajectory hinting the bull run has no plans to hit the brakes. This makes it attractive especially for short-term traders wanting to take advantage of the price volatility.
Ethereum (ETH) Surges Above an Important Resistance Level
Likewise, Ethereum (ETH) is tracking the positive momentum seen in the broader crypto market. ETH is last seen trading at $1,642.52 after successfully hitting above $1,600.00 after encountering multiple rejections in this zone.
Analysts noted that such a win can open a rally toward $2,000.00 – a level we have not seen Ethereum (ETH) touch in a long time.
On the downside, investors are growing concerned about the network’s censorship. The latest data shows Ethereum (ETH)’s OFAC-compliant blocks have grown 73%, driving attention towards projects that are truly decentralized like The Hideaways (HDWY).
The Hideaways (HDWY) Looks to Hit +1,500% Before Presale Closes
When it comes to decentralization and democratization, The Hideaways (HDWY) is a clear winner.
The Hideaways (HDWY) is the first luxury real estate investment project to give investors an equal chance to vote on its property acquisitions – a true mark of real decentralization.
The Hideaways (HDWY) backs its NFTs with real-world assets to ensure their stability. For as low as $100, investors are granted a steady and safe investment that is not only high-potential but is also a reliable passive income source.
As it wraps its presale event this month, The Hideaways (HDWY) is forecasted to hit huge 15,000 gains in 2023. You can still get it for a steal at $0.08 – it’s rising later this week so move now to secure your 100% bonus!
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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.