Crypto investors are less interested in Bitcoin (BTC) and Arbitrum (ARB). Instead, they’re now excited about VC Spectra (SPCT). Its recent public presale before launch was a big hit, and this has made everyone in the digital money world take notice.
As Bitcoin (BTC) is leading the crypto market being number one in market cap, Arbitrum (ARB) experienced a terrible descent due to network downtime. On the other hand, VC Spectra (SPCT) provides long-term sustainable development with negligible risk and positive outcomes.
Bitcoin (BTC) Showed Resilience After Fed Rate Hike
Bitcoin’s (BTC) rally faded after the Federal Reserve (Fed) made a recent decision to raise the Federal Funds Rate (FFR) by 25 basis points. Moreover, the FOMC meeting also brought a wave of uncertainty but had minimal impact on the crypto market, including Bitcoin (BTC).
The FED is nearing the end of its monetary tightening, guided by real-time data. Bitcoin (BTC) investors are closely watching a crucial inflation metric from the Fed as changes in traditional finance could influence Bitcoin’s value. Hence, Bitcoin(BTC) investors need to stay vigilant.
Meanwhile, Bitcoin (BTC) is trading at $29,483.78, showing a modest increase of 0.96% market cap in the last 24 hours. Bitcoin (BTC) has declined by 1.81% in the past seven days. Analysts confirm that increased selling pressure near the $29,600 resistance zone has halted further price increases of BTC.
Arbitrum (ARB) Experiences Sharp Fall Due to Breakdown
On July 25, 2023, Arbitrum (ARB) experienced a notable breakdown, halting block production for around 15 minutes. Now, the current state of the Arbitrum (ARB) network has been restored to normal block production. However, the transaction chart revealed a marginal decline in the daily transaction volume of Arbitrum (ARB).
Interestingly, this was not the first such kind of noticeable outage. Before that, Offchain Labs also stated as it had already experienced previous outages, including one in January. In the midst of that incident, there were disruptions in the Arbitrum (ARB) network due to a problem with its Sequencer.
In the last 24 hours, Arbitum (ARB) has made a healthy comeback and an impressive market cap increase of 3.46%. Moreover, Arbitrum (ARB) is trading at $1.20, with a 0.84% price increase in the past 24 hours. Experts indicate Arbitrum (ARB) may plunge to the following long-term resistance at $1.65 in the coming weeks.
The Promising Contender VC Spectra (SPCT) Steals the Show
VC Spectra (SPCT) stands at the forefront of the fintech and blockchain industry. It operates as a decentralized hedge fund and offers investors a secure, transparent, and profitable investment method. SPCT has also changed the usual way of investing, offering strategic investments and ICOs. This way, it helps boost financial growth using modern technologies.
The VC Spectra token, a deflationary utility token with a capped supply of 1 billion tokens, elevates its appeal and exclusivity, paving the way for potential increases in its value.
SPCT has progressed from Stage 1 to Stage 2 of its public presale. Following an impressive $2.4 million in private seed sales, VC Spectra presents a substantial opportunity for investors, with a 37.5% return on their initial investment. The price of the SPCT token currently stands at $0.011 during its Stage 2 presale.
As the presale moves into Stage 3, VC Spectra’s token price is projected to increase significantly, hitting $0.025—a substantial rise of 127.27%. It’s important to stay alert to VC Spectra’s limited presale offer that provides a 25% bonus on any deposit you make.
Learn more about the VC Spectra presale:
Buy Presale: https://invest.vcspectra.io/login