The post Bitcoin (BTC) Retail Demand Drops to 3-Year Low, is the Capital Moving to Ethereum Altcoins? appeared first on Coinpedia Fintech News
Once the undisputed king of cryptocurrencies, Bitcoin faces a retail investor exodus. New data reveals a three-year low in retail demand for BTC, sparking concerns about the short-term trajectory of the world’s largest cryptocurrency.
On the other hand, Ethereum has been making significant strides, upgrading its network and hosting decentralized apps like RCO Finance (RCOF), which has gained popularity for its AI trading features.
As investor interest wanes, speculation about where this capital is migrating is rife. Could Ethereum and its burgeoning altcoin ecosystem be the primary beneficiaries? Find the details below!
Bitcoin (BTC) Retail Demand Plummets to 3-Year Lows
Once again, the market fear has subsided, and Bitcoin leads the charge with an 11.16% increase in the past week. However, there’s speculation that this increase is spearheaded by large or long-time BTC holders, with data from IntoTheBlock showing a continuous decrease in retail BTC ownership.
Recent data reveals that Bitcoin’s retail investor demand has dropped to its lowest level in three years. The decline is evidenced by a sharp reduction in the transfer volume of transactions under $10,000, a typical indicator of retail activity.
Despite BTC’s market capitalization of $1.3 trillion, the lack of retail interest suggests continued bearish sentiment. This 47.52% decrease in daily trading volume highlights a significant shift in retail behaviour, with many small investors losing confidence and turning their activity to the Ethereum market.
RCO Finance (RCOF) Leads The Ethereum Momentum
Amidst the growing investor interest in Ethereum altcoins, RCO Finance (RCOF) is emerging as a pioneering force in the DeFi sector. Leveraging AI to offer various financial services, the DeFi trading platform prioritizes autonomy and privacy and does not require private information or verification documents, fully utilizing blockchain technology.
The AI Robo Advisor is at the core of RCO Finace’s offerings. It is an innovative tool that provides personalized investment strategies. This system minimizes human error and maximizes efficiency, enabling traders to make informed decisions even in volatile market conditions.
This feature changes the approach to trading and finance. It recommends and implements investment strategies based on real-time and historical data without having direct access to the user’s assets, thereby protecting RCOF users from hacking or theft attempts.
Furthermore, RCO Finance (RCOF) offers derivatives with perpetuity features and ample liquidity, making it an attractive investment option for various crypto investors. The liquidity pools are designed to live as long as anyone can instantly request a loan or deposit assets.
The AI-powered trading platform has partnered with SolidProof, a renowned security company, to identify potential issues and highlight lapses in smart contracts. This rigorous auditing process ensures the security of user assets and upholds the platform’s high reliability.
Join RCO Finance’s Presale for Major Investor Benefits!
RCO Finance’s presale is currently in Stage 1, offering the presale tokens at an affordable price of $0.01275. The platform has democratized access by granting presale participants voting power to influence key decisions within the RCOF ecosystem.
Here’s the cherry on top: you can make a splash and join the major league investors with just a $50 investment in the presale. Rub shoulders with the big shots and have your say in shaping the future of RCO Finance. This community-driven approach takes the financial world by storm and adds an extra dose of excitement.
Moreover, recent analysis indicates that RCO Finance (RCOF) is off to an impressive start, already generating nearly $1 million in revenue. The platform’s success is evident, with forecasts suggesting a remarkable 3,000% increase in value within the presale phase alone.
By joining RCO Finance’s presale today, you will be eligible to win cash prizes up to $100,000 and earn 30% of the platform’s daily revenue!
For more information about the RCO Finance Presale:
Visit RCO Finance Presale
Join The RCO Finance Community