Bitcoin’s Setback Triggers Massive Liquidations, Bright Future Predicted for Injective and Monero Rival

Bitcoin’s Setback Triggers Massive Liquidations, Bright Future Predicted for Injective and Monero Rival

Bitcoin’s (BTC) price dropped from $73,750 to $62,000 after the new all-time high (ATH) on March 14, triggering massive liquidations of long positions while shorts enjoyed considerable profits. The pullback was so intense that some analysts predicted BTC’s price would drop as low as $42,000 heading into its halving event. 
Those predictions appear to be wrong as BTC has once again broken the $70,000 resistance level and appears poised to set new ATHs before its halving event in April. The trading volume on the Bitcoin network has increased by 77% in the past week. 
Meanwhile, InQubeta (QUBE), a competitor of Monero (XMR) and Injective (INJ), is now one of the top ICOs going on as it generates over $12.5 million in token sales. The emerging crypto plans to launch a decentralized finance space that offers users easy access to artificial intelligence (AI) investments. Early investors have now earned 300% returns on their investments as the ICO transitions into its ninth stage. 
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