This week, all eyes are on Bitcoin after a Bernstein analyst predicted that the world’s biggest cryptocurrency by market capital will surpass $70,000 in the next few days.
In a research note published today, Gautam Chhugani said that Bitcoin is trying to break out of resistance at $70,000 and, like other risk-on market participants, it interprets rising Trump odds as bullish.
Kamala Harris, too, has made statements in support of the crypto-scene.
Investors are becoming increasingly convinced that 2024 US elections, regardless of who wins the Office in November, will be a catalyst to Bitcoin.
This is important because BTC tends set the direction of the entire crypto market.
Vantard, and other cryptocurrencies will likely also rally if it indeed rallies next year to reach the $100,000 mark as many believe.
Vantard is a fascinating crypto-coin. Let’s explore it in depth and see why investing in $VTARD, its native coin, is a great opportunity.
Vantard puts you in a position to benefit from the memecoin supercycle
Vantard is a meme coin index fund. A position in $VTARD offers a wider exposure to a bunch Solana-based memcoins that have performed exceptionally in 2024.
Vantard also periodically rebalances the portfolio to ensure that you don’t lose out on any of those meme coins with a 1000x potential.
Investing in $VTARD will allow you to benefit from the “memecoin Supercycle” that experts predict will occur in the months to come.
ETFs and institutional funds helped Bitcoin reach a new high of $73,000 in 2024. We have seen first-hand how such funds can unlock the next wave in growth for any cryptocurrency.
Vantard, the first index fund to launch a meme coin in the world, has made investing in the fund even more exciting.
Click here to learn more about Vantard’s native $VTARD token.
The Fed’s interest rate reductions could benefit $VTARD
Bernstein is bullish about Bitcoin because demand for its exchange traded funds has returned.
Analyst Gautam Chhugani said today that ETFs saw fresh purchases of $2 billion last week.
The Federal Reserve has also already begun to cut interest rates, and plans to lower its key rate even further in November.
This could be a catalyst for Vantard, as lower interest rates tend to drive money towards more speculative investments such as $VTARD.
As the US central banks continues to lower interest rate, some of the capital moving out of bonds and saving accounts could flow into meme coins.
Vantard’s first meme coin index fund will do the job for you. Vantard’s first meme coin index will do all the work for you. You only need to secure an early position on its native $VTARD currency.
Are you interested in learning more information about Vantard’s crypto token? Click on the link to visit the website.
This post Bitcoin to reach $70,000 this week: What it means for Vantard could be modified as new information becomes available.
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