Bitcoin

<div class="coinjournal">
 <p dir="ltr">Key takeaways</p>
 <ul>
  <li dir="ltr"><p dir="ltr">Ether is outperforming Bitcoin and a few other major cryptocurrencies after adding more than 2% to its value.</p></li>
  <li dir="ltr"><p dir="ltr">Bitbot’s presale is now in the third stage and the team has raised nearly $450k.</p></li>
 </ul>
 <h2 dir="ltr" id="ether-outperforms-bitcoin">Ether outperforms Bitcoin&nbsp;</h2>
 <p dir="ltr">Ether, the second-largest cryptocurrency by market cap, has been performing well over the last 24 hours. The coin is up by more than 2% during that period. At press time, the <u>price of Ether</u> stands at $2,362 per coin.&nbsp;</p>
 <p dir="ltr">Ether is currently outperforming Bitcoin and a host of other leading cryptocurrencies. Bitcoin is now eyeing the $43,500 mark as the market begins to soar higher.&nbsp;</p>
 <h2 dir="ltr" id="what-is-bitbot">What is Bitbot?&nbsp;</h2>
 <p dir="ltr">Market conditions have begun to improve and more investors are looking for quality projects to invest in. One of the projects that could become a leader in the market is Bitbot.&nbsp;</p>
 <p dir="ltr"><u>Bitbot</u> is a Web3 project that is set to bring unique value propositions to traders in the cryptocurrency space. It is a Telegram trading bot that puts the power in the hands of the user. Bitbot is a self-custodial trading bot that enables users to trade via their cold wallets on Telegram.&nbsp;</p>
 <p dir="ltr">According to their whitepaper, Bitbot intends to provide an innovative way of trading as it leverages Telegram’s position as a leading social media platform for crypto users.&nbsp;</p>
 <p dir="ltr">The team also revealed that Bitbot will provide users with high-end <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> to help them grow their trading portfolios. Some of these <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> are institutional grade, granting them access to world-class trading functions.</p>
 <p dir="ltr">Bitbot will leverage the rising trading volume in the crypto market to gain massive adoption in the coming months and years.&nbsp;</p>
 <h2 dir="ltr" id="bitbot-brings-technological-innovation-to-traders">Bitbot brings technological innovation to traders</h2>
 <p dir="ltr"><u>Bitbot</u> intends to bring technological innovations that would benefit traders. The development team is working on some exciting tools that would make the trading process easier for its users.&nbsp;</p>
 <p dir="ltr">One of Bitbot’s key <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> is that it prioritises security. According to the team, Bitbot will leverage Knightsafe to offer a self-custody solution. This solution helps in mitigating the typical risks associated with Telegram trading.</p>
 <p dir="ltr">The team will use some of the funds raised from the presale to develop anti-MEV and anti-rug solutions for users to protect their assets. With these <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>, traders can protect themselves from bots artificially pumping transaction costs and block scam projects.</p>
 <p dir="ltr">The use of ultra-flexible wallet management fuelled by non-custodial API technology is another security feature available on Bitbot.&nbsp;</p>
 <p dir="ltr">To help traders boost profitability, Bitbot is working on a copy trading feature. This feature will enable traders to copy the trades of the strongest-performing wallets based on on-chain activities.</p>
 <h2 dir="ltr" id="bitbot-s-presale-surpasses-400k">Bitbot’s presale surpasses $400k</h2>
 <p dir="ltr">The Bitbot presale is now in its third stage and is now moving swiftly. The project has raised more than $440k so far and is more than halfway through the $630,000 target.&nbsp;</p>
 <p dir="ltr">The new milestone of $440k shows that Bitbot is gaining fast adoption within the cryptocurrency space. The $BITBOT token is going for $0.011 in the current presale round and will increase to $0.0116 once the fourth round commences.&nbsp;</p>
 <p dir="ltr">According to their whitepaper, the <u>Bitbot</u> development team will hold 20% of the total token supply and will use it to fund ongoing development. 14% is allocated to marketing &amp; CEX listings while 3% is allocated to exchange liquidity provision.</p>
 <p dir="ltr"><u>Click here</u> to read more about Bitbot’s upcoming presale.&nbsp;</p>
 <h2 dir="ltr" id="could-bitbot-perform-excellently-in-2024">Could Bitbot perform excellently in 2024?&nbsp;</h2>
 <p dir="ltr">The cryptocurrency market is expected to <a rel="noopener noreferrer nofollow" title="rally" href="https://thebittimes.com/tag/rally.html">rally</a> higher in the coming months thanks to the upcoming Bitcoin halving and other important events. These catalysts could result in a Bull Run over the coming months.</p>
 <p dir="ltr">If that happens, BITBOT could become one of the biggest winners in the market. As trading volume in the market increases, BITBOT could also see a spike in adoption if it rolls out its <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> and solutions. The development team is putting in the work to become an excellent project for cryptocurrency traders.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ether-tops-2-350-despite-a-bearish-trend-will-it-rally-towards-2-500-soon-tbt79122.html">https://thebittimes.com/ether-tops-2-350-despite-a-bearish-trend-will-it-rally-towards-2-500-soon-tbt79122.html</a></p>

Ether tops $2,350 despite a bearish trend: Will it rally towards $2,500 soon?

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TheBitTimes

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