Bitcoin reclaims $50,000, BNB and InQubeta post solid growth
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It’s been a month since the U.S. SEC decision on spot Bitcoin ETFs, marking a significant step towards mainstream adoption of cryptocurrencies.
Bitcoin, though falling initially, recently rose above 50,000. The launch of spot Bitcoin ETFs also positively impacted Binance Coin (BNB) and InQubeta (QUBE).
BNB is now trading at around $350, and QUBE has raised $9.4 million in its presale.
InQubeta likely to rally after launch
InQubeta has raised $9.4 million in early funding due to its unique concept of AI and crypto.
Its aim is to build a crowdfunding platform for AI tech startups and an NFT marketplace that uses fractional investment.
QUBE is priced at $0.0224 and will launch in the coming weeks.
Bitcoin rallying
Bitcoin fell to $38,000 in January but has since recovered and is now at $49,000.
This recovery has lifted other altcoins.
Analysts predict that Bitcoin will continue to perform well in the coming years, with some projecting it to reach $110,000 by 2024.
BNB on investors’ radar
BNB is backed by strong fundamentals and has been solid.
Many believe that it has potential for further growth in the future.
Conclusion
Bitcoin, BNB, and InQubeta have been firm in recent sessions. Analysts believe their uptrend will continue.
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