ChatGPT's Shocking Bitcoin Price Prediction And Why New Cryptocurrency Bitcoin Minetrix Can Explode
ChatGPT has delivered a shocking verdict on the Bitcoin price as brittle volatility creeps back into the market, and high-yielding coin offerings like Bitcoin Minetrix begin to loom large as more attractive alternatives for crypto traders.
Bitcoin jumped to $26,800 today, but no sooner had it reached those intraday heights than it had fallen down to Earth to trade back where it started the day, at $26,150.
But ChatGPT reckons it could fall to as low as $13,000 if the worst risk on the horizon were to come to pass.
Wild gyrations in the Bitcoin price or in the broader crypto market are nothing new, but that doesn't make it any less unnerving for those seeking capital preservation. After all, one of the selling points of Bitcoin is that it is a store of value.
But yield-bearing assets that deliver an income stream for investors who stake their coins continue to be popular as a way of hedging capital risk.
In particular, Bitcoin Minetrix stands out as a unique stake-to-mine offering where stakers earn credits that can then be used to cloud-mine Bitcoin. Investors have funneled $116,000 into BTC Minetrix in the past couple of days.
Indeed, YouTube analysis channel Crypto Gains, with 108k subscribers, thinks Bitcoin Minetrix is a good candidate to disrupt Bitcoin mining, and that’s a huge value proposition.
But back with Bitcoin and the downbeat mood. More delays related to the spot Bitcoin ETF, although expected, have soured near-term sentiment while other areas of uncertainty continue to gnaw at the nerves of crypto market participants.
But there’s an even bigger worry to think about – Binance.
Chief among the worries and unknowns is the situation at Binance, the world’s largest crypto exchange, as a steady outflow of executives
Read more on cryptonews.com
