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Home»BLOCKCHAIN NEWS»Bitcoin falls after ETF approval. Investors are turning to Chainlink and NuggetRush.
BLOCKCHAIN NEWS

Bitcoin falls after ETF approval. Investors are turning to Chainlink and NuggetRush.

By Crypto FlexsJanuary 28, 20242 Mins Read
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Bitcoin falls after ETF approval.  Investors are turning to Chainlink and NuggetRush.
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only.

  • Bitcoin demand declines
  • Crypto whale looking at Chainlink.
  • NuggetRush Presale Attracts Investors

Immediately after the spot Bitcoin ETF was approved in the United States, its price plummeted. Meanwhile, Lookonchain data shows heightened whale activity on Chainlink (LINK). Meanwhile, the number of investors paying attention to Nugget Rush (NUGX) is increasing. To date, NUGX has sold over 161 million units.

Bitcoin demand declines

On January 11, the U.S. Securities and Exchange Commission (SEC) approved several spot Bitcoin ETFs.

However, according to market research firm CryptoQuant, demand for BTC is expected to decrease.

As a result, the price dropped to $39,500. Part of this retracement is due to profit taking.

Nugget Rush Enhancement

More than 161 million NUGX units were sold in the NuggetRush presale.

NuggetRush is a blockchain game using NFTs where players compete in mining tasks for financial rewards.

It mimics the daily life of an artisanal miner and operates in a blockchain environment.

Players assemble mining crews and equipment to expand mining operations.

Their rewards are determined by the amount of gold and precious minerals they mine.

At this stage, you can buy NUGX for $0.018.

Whales exploring Chainlink

According to Lookonchain data, the whale address recently purchased 601,900 LINK worth $8.9 million.

LINK was purchased at an average price of $14.80. However, the price later rose to $15.90.

Closing Thoughts

Investors are concerned about Bitcoin’s recent decline. Among these, Chainlink and NuggetRush are solid. Investors are increasingly diversifying their portfolios by looking at NUGX.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users must conduct their own investigation before taking any action related to the Company.

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