The crypto market has steeply declined since January 20th, when Donald Trump assumed office as the U.S. president. The recent sell-offs have seen Bitcoin and Ethereum dip sharply as investors liquidate their crypto holdings.
Analysts believe the sell-off could result from macroeconomic uncertainty in the U.S. following Trump’s proposed economic policies regarding tariffs and taxes. As the two crypto assets decline, Ethereum and Bitcoin traders have shifted their focus to a new DeFi project with massive long term potential.
Bitcoin price prediction
Bitcoin’s price recently fell to a four-month low, dipping below $77,000 before recovering slightly above $80,000. As of this writing, the crypto asset is trading at $83,414. Analysts have observed parallels between current market conditions and the end of the 2021 crypto bull market, suggesting a potential further drop to $73,000.
Despite the recent selloff, many believe Bitcoin is undergoing a temporary correction, and the asset is set to rebound soon. Bitcoin could reclaim the $100k mark in May.
Ethereum price prediction
Ethereum (ETH) is trading at approximately $1,890 at the time of this publication. The digital asset has suffered under the prevailing bearish market sentiment. However, Ethereum is still one of the most utilized blockchain networks.
Analysts expect a strong recovery once market conditions stabilize. The continued development of Ethereum Layer-2 scaling solutions and potential ETF approvals could drive a price resurgence shortly. Ethereum could surge to an all-time high before the year ends.According to analysts, Ethereum could see $2,800 sometime in April.
Why BTC and ETH Traders Are Turning to BinoFi (BINO)
As Bitcoin and Ethereum remain under bearish pressure, investors seek alternative projects with strong growth potential. BinoFi (BINO) has emerged as a compelling DeFi opportunity for presale investors.
The project is gaining traction among BTC and ETH traders due to its hybrid exchange model, cross-chain trading, gasless transactions, and high-yield staking incentives.
Unlike traditional exchanges, BinoFi offers a hybrid model that merges the speed and liquidity of centralized exchanges (CEXs) with the security and autonomy of decentralized exchanges (DEXs).
This means traders can enjoy fast trade execution without compromising transparency or security. This innovative model helps BinoFi solve the long-standing problem of liquidity and efficiency that has plagued both CEXs and DEXs.
BinoFi’s cross-chain compatibility is another major draw. The feature allows users to trade assets across multiple blockchain ecosystems without limitations. Gasless transactions significantly reduce costs, making trading more efficient and affordable.
With Ethereum gas fees fluctuating unpredictably, many traders are eager to adopt a new platform that eliminates unnecessary transaction expenses and has lightning-fast transaction speeds.
High-Yield Staking and Passive Income
Beyond trading, BinoFi offers lucrative staking rewards, providing passive income opportunities for investors. Given the current market uncertainty, BTC and ETH holders are increasingly looking for ways to earn yield on their holdings without taking excessive risks. BinoFi’s staking program offers an attractive alternative, enabling traders to maximize their earnings while stabilizing the market.
One of the most compelling reasons traders are flocking to BinoFi is its ongoing presale, where BINO tokens are priced at just $0.02 per token.
With a projected listing price of $0.30, early investors can secure a 15x potential return before the token hits significant exchanges. The presale’s ongoing phase 1 is on the verge of selling out and investors will need to pay more for BINO tokens in the next presale phase.
Learn more about BinoFi:
- Website: https://binofi.com
- Whitepaper: https://whitepaper.binofi.com
- Giveaway: https://giveaway.binofi.com
- Telegram: https://t.me/binofilabs
- Twitter: https://x.com/Binoficom
- CoinMarketCap: https://coinmarketcap.com/currencies/binofi/
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