Analysts Fear Bitcoin Drop To $50,000, Investors Are Flocking In Huge Numbers To This Altcoin To Hedge Volatility Cryptopolitan Media | usagoldmines.com
Bitcoin volatility returns, with experts expecting a drop to $50,000, unnerving investors. The crypto markets are getting riskier as investors react to rising trade volumes as well as shifting market sentiment.
While Bitcoin weakens, money flows into other assets first among which is Remittix (RTX), a quickly rising token for convenient, low-cost cross border payments. While BTC weakens, investors are turning more towards RTX as a source of stability in addition to long term gains.
While Bitcoin volatility continues to rule the market, investors are opting for safer options. Among the altcoin alternatives with rising popularity as a hedge for market volatility is Remittix (RTX), a cross-border payment and financial inclusion project.
Bitcoin Volatility Sparks Investor Concerns
Bitcoin’s latest decline is setting tongues a-wagging among the analysts, with most predicting that if the BTC price dips below significant levels of support, it will trigger a cascade to $50,000. Previously, the price volatility of Bitcoin created panic among retail investors with increased flows into other assets as well as stable assets.
Bitcoin is at $78,978.13, a loss of 5.94% in the last 24 hours. While it holds a market cap of $1.64 trillion, rising market uncertainty made investors scramble for alternatives. The trade volume stands 180.53% higher at $45.10 billion, showing rising fears of Bitcoin plummeting to $50,000 in the short term.
While most investors are preparing for probable corrections, the growing market volume of Bitcoin continues to fuel hopes for the currency in the long term. Others are hedging their bets, though, with safer assets to counter a probable market-wide correction.
Investors Are Flocking To Remittix (RTX) For Stability
While Bitcoin is surrounded by uncertainty, Remittix (RTX) is a promising choice for investors looking for a solid high-potential cryptocurrency asset. Worth $0.0734 at the moment, Remittix has raised over $13.8 million and sold over 518 million tokens in its presale. Unlike Bitcoin, which remains very unstable, Remittix (RTX) presents a real-world application in cross border payments.
Unlike the speculative nature of Bitcoin, Remittix (RTX) is targeted at real-world finance with its crypto-to-fiat instant payment through its PayFi solution. Freelancers, merchants and small businesses are using RTX in order to bypass wire transfer costs as well as accept payments much faster compared to the traditional banking process.
Consider an African entrepreneur who uses cross-border settlements to run their business. Instead of incurring exorbitant bank charges and waiting for long settlement times, such a person can use Remittix (RTX) to settle crypto for fiat instantly. It is this ability which is causing investors increasingly to use RTX as a hedge for Bitcoin volatility.
How Remittix (RTX) Is Changing The Crypto Landscape
While Bitcoin is primarily a vehicle for keeping assets, Remittix (RTX) is meant for real-world usage. The network facilitates people to make international payments with no bothersome fees charged by the legacy banking network.
By combining blockchain technology with financial services, RTX is developing a simple payment system that is useful for businesses and individuals alike. Being able to switch from crypto to fiat instantly positions RTX as a viable player in the payment sector, which can stand in competition with centralized payment systems such as PayPal and Western Union.
In addition, RTX is appealing to institutional investors searching for real crypto projects. With the rising number of partnerships alongside the rising adoption, Remittix (RTX) can potentially be in for long term gains, compared to most altcoins which are supported only by speculation and hype.
Will Remittix (RTX) Continue To Gain As Bitcoin Struggles?
In the midst of fears of Bitcoin plummeting to $50,000, most experts think RTX will remain in the spotlight as a reliable substitute. Those looking for real-world utility are discovering that Remittix (RTX) addresses a real money problem, as opposed to speculative use.
Unlike the erratic price fluctuation of Bitcoin, RTX offers a more secure investment option, particularly for investors in search of low-friction, cost-effective international payments. With investors focusing more attention towards utility cryptos, demand for RTX should rise considerably.
And for those concerned with the future direction of Bitcoin, Remittix (RTX) presents the ability to hedge market loss with the added benefit of exposure to blockchain-based instruments.
Invest Early in The Future of CryptoPayments
While Bitcoin price volatility continues to be at its peak, investors are turning more towards diversifying into highly promising mature projects such as Remittix (RTX). With the growth in the project, its chances for mass adoption have the capability to make it one of the biggest disruptors in the cryptocurrency payment sector.
Looking for a crypto project with real-world uses?
Experience the Remittix presale and discover how RTX is revolutionizing cross border payments while providing investors with a Bitcoin volatility hedge.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
