Bitcoin (BTC) dropped below $54,000 last week following a weak August jobs report. However, the flagship crypto is again experiencing a price recovery, and Arthur Hayes, the co-founder of the BitMEX crypto exchange, predicted that Bitcoin might rise this week. In line with this, buying ETFSwap (ETFS) in its ongoing presale is a great way to position for the BTC rally.
Bitcoin Might Rise This Week
Arthur Hayes mentioned in an X (formerly Twitter) post that Bitcoin (BTC) might rise by this week if the macroeconomic outlook continues to improve. Arthur Hayes referred to the fact that Janet Yellen, the US Treasury Secretary, had released a weekend statement where she asserted that the US economy would enjoy a soft landing.
As such, Arthur Hayes anticipates that more liquidity will flow into Bitcoin (BTC) and Yellen and the US Federal Reserve move forward with quantitative easing (QE). As Arthur Hayes predicted, Bitcoin’s (BTC) price will rise as more liquidity flows into the flagship crypto. Bitcoin’s (BTC) price has remained tepid due to the lack of liquidity in its ecosystem, as traders remain skeptical about investing in risk assets like Bitcoin (BTC) because of the interest rates in the US.
ETFSwap (ETFS) Is The Best Way To Position For The Bitcoin (BTC) Rally
ETFSwap (ETFS) is the best way for investors to position for the Bitcoin (BTC) rally, as predicted by Arthur Hayes. The ETFS token is expected to enjoy a meteoric rise when the Bitcoin (BTC) bull run begins, even as the flagship crypto is set to enjoy a bullish reversal starting this week.
Investors who invest in ETFSwap (ETFS) in its ongoing presale will make a 200x return on their investment. The crypto token is projected to enjoy a 20,000% price gain from its current price of $0.03846. This bullish outlook for the ETFS token stems from its extraordinary utility, which makes it stand out in this market cycle.
ETFS is the native token of ETFSwap, a decentralized investment platform revolutionizing exchange-traded fund (ETF) trading by tokenizing these traditional assets. Investors will be able to invest in these tokenized ETFs by simply swapping their ETFS tokens for them. The decentralized finance (DeFi) platform will also offer crypto trading services, allowing investors to diversify their portfolios easily.
The decentralized trading platform is collaborating with MiCa-regulated investment banks to make ETF and crypto trading possible on a single platform. As part of its trading features, ETFSwap (ETFS) offers leverage trading for these ETFs, allowing users to use up to 50x leverage on each trade.
In addition to trading these ETFs, investors and traders can stake these traditional assets and earn juicy staking rewards on their staked assets. The staking feature extends to crypto assets, including the platform’s native ETFS token. ETFS holders can stake their tokens and earn up to 87% annual percentage yield (APY) on their staked tokens.
The DeFi platform offers other money-making opportunities, including its ETF, which will be released in 2025. ETFSwap (ETFS) holders will enjoy the maximum gains from these opportunities as they will have access to all features on the trading platform. These opportunities also extend their passive incomes by providing liquidity for token swaps and the monthly airdrops they will receive from the ETFS rewards pool.
Considering the efforts that the ETFSwap (ETFS) team has put into ensuring the project’s success, there is no doubt that the ETFS token will enjoy massive demand once the beta version of the trading platform launches soon enough. It is worth mentioning that the ETFSwap team is well-experienced and has been certified by SolidProof for its proven track record in the crypto space.
Conclusion
With market experts like Arthur Hayes predicting that Bitcoin (BTC) will rally, there is no doubt that ETFSwap (ETFS) will be among the biggest gainers when that happens. As such, you shouldn’t miss out on ETFSwap (ETFS) while the token is still selling at an affordable price.
For more information about the ETFS Crypto Presale:
Visit ETFSwap Presale
Join The ETFSwap Community
The post Arthur Hayes Says Bitcoin “Might” Rise This Week, Here’s How To Position For The BTC Rally appeared first on Blockonomi.