The big boys are out to play despite the global economic community struggling with ongoing tension in the Middle East. That the crypto market has remained resilient exceeds many analysts’ expectations. Top projects like Bitcoin and Ethereum are performing well, too. Ethereum's price still sits above $2,500, while Bitcoin's price is set for another bullish breakout.
Market analysts believe the cash pouring into BTC and ETH funds, in addition to crypto’s reputation as a go-to safety net, are significant factors in why it exceeds expectations currently. This steady growth the market has posted lately also spills to fast-rising, promising tokens like Remittix as market participants anticipate an alt season.
Remittix Changes How We Complete Cross-Border Remittances
Remittix, with its $RTX token, is rapidly growing in adoption and institutional interest, providing a disruptive approach to cross-border finance. Users complain that legacy platforms are limited in resources and often charge pricey fees.
Remittix and its Pay API tool change that with a smart contract powered by the Ethereum blockchain. Users and businesses can now enjoy quick and seamless crypto-to-fiat payments. Simply connect your wallets, fund them with crypto, and complete payments in over 100 fiat currencies. With its blockchain backing, Remittix transactions are faster, of public record, and 10-15% cheaper, with zero hidden fees!
Bitcoin Price Leverages $1.3 Billion Weekly Inflow
Source: CoinShares
The recent Coin Shares report shows how digital asset investment products got over $1.9 billion in inflows last week. This figure is the 9th consecutive positive inflow, and Bitcoin was at the fore again, boasting $1.3 billion worth of inflows.
With Bitcoin's price steadying recently, this inflow figure comes at the same time as Bitcoin’s spot ETF, which is also seeing considerable inflows. Data shows collected fees amounting to $242 million on June 13th. Experts agree that Bitcoin's price appears to leverage this growth for higher highs in the coming weeks.
Ethereum Price Prediction Amid Equally Strong Inflows
Source: CoinGecko
Like recent Bitcoin price and market actions, Ethereum also benefited from recent retail and institutional adoption growth, recording massive inflows in recent weeks. The same CoinShares report showed how Ethereum maintained its run with $538 million inflows last week, matching its record in February.
On June 11 this year, the spot ETH ETFs also received over $240 million and have seen some days when it outperformed Bitcoin with roughly $164 million. Presently, Ethereum’s monthly product inflows are closing in on the $1 billion mark, supported by rising regulatory clarity and institutional interest.
What is Remittix's chance at outperforming BTC and ETH gains this year?
While Ethereum and Bitcoin prices continue to leverage the growing rate of institutional adoption and inflows, Remittix (RTX) is rolling out new helpful products. The latest is the Remittix Wallet, which is set to launch soon.
Its proactive approach to solving cross-border payment bottlenecks sets Remittix in pole position to change the PayFi narrative with better and quicker solutions, with no hidden charges.
Market experts say this is the best time to buy $RTX at its current low entry price for a bigger ROI potential!
Get more details about the project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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