"Bitcoin's $64K June Prediction: Cheap Money Drives Rally, Inflation Fears Fade"

Bitcoin (BTC) Could Return To $64K By June Says Analyst: 1Fuel Super-Fast...

Bitcoin (BTC) has been on an impressive price rally, returning more than 100% over the past year. However, many of the narratives that pushed it upwards, such as inflation fears, seem to be fading. While Bitcoin has traditionally risen when money printing increases, this short-term action is not always about protecting money against inflation. Instead, it's largely due to cheap money since borrowing is cheaper. Once inflation starts kicking in, many investors take profit, causing a dip in the Bitcoin price. As rate hikes return to control inflation, investors become more conservative, and the correlation between Bitcoin and interest rates seems to have a considerable lag.

XRP (XRP) attracted many investors because it showed that it could be more than a store of value. This project aimed to simplify the transferability of a digital asset so it could be used as an actual currency. Indeed, XRP has made significant strides in the payments game, serving as a bridging currency for many cross-border payments that involve currency conversions. However, due to its long legal battle with the U.S. government, many remained skeptical about how protected their actions would be when using XRP payments. While XRP won big in this battle, there's still some confusion over where the project lies. Is it run on a public blockchain? How decentralized is the network? Who is accountable in case there are issues with your XRP payments? As XRP works to clear the air on all this, some investors will look elsewhere for quick profits.

1FUEL (OFT) has emerged as a project that could deliver way more than the two large caps above do. This exchange will enable investors to stake tokens and earn from the 4% allocated to trading rewards. Remember, 1FUEL will support cross-chain trading, so the reward pool will be larger than it seems. 1FUEL will also offer a crypto debit card for spending the crypto in your wallet wherever bank cards are accepted. As your coins move from your wallet to the destination, 1FUEL’s built-in mixing capabilities will conceal their path to protect you from malicious actors. You’ll also be able to park your inactive coins in military-grade cold storage to keep them safe. 1FUEL’s AI-powered features will also help you trade and transact