Will there be a crypto crash? What’s in store for Bitcoin (BTC), Ethereum (ETH) and TMS Network (TMSN)?
In recent years, the crypto space has battled volatility, unpredictability and crashes. For months, cryptocurrencies have seen thrilling highs and gut-wrenching lows, and the recent surge has investors in Bitcoin (BTC) and Ethereum (ETH) wondering what’s around the corner. On the other hand, TMS Network (TMSN) has made a solid introduction to the space, with an innovative use case that is quickly gaining mainstream attention. The project is in pre-sale and its potential impact on significantly improving trade continues to amaze everyone. Read on to learn more about what the future may hold for these digital assets.
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Bitcoin (BTC) price moves sideways, investors wary of macroeconomic data
The crypto market is down as it awaits key macroeconomic data. Since the last few days, there have been rumors that the Consumer Price Index (CPI) inflation rate report will increase. However, the US SEC’s recent crackdown on crypto activities is pushing the price of Bitcoin (BTC) lower as it continues to flirt with 3-week lows.
At the start of 2023, Bitcoin (BTC) and the entire crypto market got a solid head start as Bitcoin (BTC) gained more than $10,000 from its December lows. On-chain activities are increasing, with newer innovative use cases emerging for Bitcoin (BTC). However, the growing concern over negative macroeconomic data and enforcement actions against Paxos and Binance were not well received by investors.
The uncertainties and resulting volatility are already wiping out Bitcoin (BTC)’s 2023 gains. Currently, the coin is trading below $24,000 as YTD drops below 45%.
Ethereum (ETH) settles above $1,600 as new upgrades come in
The cryptocurrency market is as unpredictable as ever, with twists and turns that leave investors and traders on edge. Although it is common knowledge that Ethereum (ETH) follows when Bitcoin (BTC) moves, the Ethereum (ETH) chain has gained momentum in its development.
At the forefront of Ethereum’s (ETH) recent upgrade is the merger from Proof-of-Work to the Proof-of-Stake consensus algorithm. This cuts out the miners’ exorbitant fees, reduces energy consumption and paves the way for more dApps to enter the chain. The upcoming Shanghai Hard Fork scheduled for May will also help improve the rewards for Ethereum (ETH) stakers.
TMS Network (TMSN) excels in pre-sales
TMS Network (TMSN) storming the crypto market in recent days has raised lively discussion. Despite early pre-sales, the platform has established itself as a disruptive force, built to revolutionize trading with its state-of-the-art tools and features. Due to its importance, the TMS Network (TMSN) token is expected to rise dramatically in value. But how does TMS Network (TMSN) generate all these impressive statistics?
Essentially, the TMS Network (TMSN) is a ground-breaking decentralized exchange and trading platform. Making informed decisions amid the uncertainty plaguing the crypto market has always been overwhelming, but TMS Network (TMSN) intends to make it easier, seamless and much faster, with its all-in-one multi-functional trading platform.
TMS Network (TMSN) will become a one-stop platform for every trader’s needs. In addition to Cryptocurrency, TMS Network (TMSN) offers support for Forex, CFDs, ETFs and stocks. Because it is decentralized, all users of the TMS Network (TMSN) can have fair, equitable and free access to diversify their investments – all from a single intuitive, easy-to-use dashboard.
It’s high-end encryption for traders to feel confident in the knowledge of its security, and open transparency means no hidden surprises down the line. Furthermore, the range of robust industry-standard trading tools and APIs is fantastic. Using the TMS Network (TMSN) gives anyone access to the most amazing trading software and robots, trading terminals, analytical and charting tools, indicators, real-time price data and chain calculations.
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TMS Network’s (TMSN) focus on building a vibrant trading environment has piqued everyone’s interest. Even analysts are in awe of TMS Network (TMSN)’s capabilities, predicting that the presale token could increase by 1,000x upon launch.
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