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  • Writer's pictureDavid Manion

Bitcoin price up, Maker and Borroe surge.

Bitcoin price up, Maker and Borroe surge.
Bitcoin price up, Maker and Borroe surge.

Analysts predict that Bitcoin (BTC) may experience a surge in early August 2023 due to the options expiry exercise. In July, Maker (MKR) saw a significant price increase and experts are closely monitoring to see if this bullish momentum will continue throughout Q3 2023. Meanwhile, Borroe ($ROE) aims to revolutionize decentralized fundraising and has already sold all of the Borroe ($ROE) tokens available during its Beta presale stage.

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Bitcoin price up, Maker and Borroe surge. Bitcoin (BTC) May Record A Price Surge In Late July 2023

On July 28, 2023, Bitcoin (BTC) options worth $2 billion will expire. In the past, this monthly expiry has been associated with bullish volatility for Bitcoin (BTC). It is anticipated that the support level for Bitcoin (BTC) could rise from $29,000 to $29,500 this time. It is expected that the effects of Bitcoin (BTC) options expiry will take a few days to consolidate, and Bitcoin (BTC) may rise to $31,000 in the first few days of August 2023. Bitcoin price up, Maker and Borroe surge.

Furthermore, if Blackrock and Fidelity's requests for Bitcoin (BTC) Spot ETFs are approved by the US SEC, it could lead to a greater price surge for Bitcoin (BTC). Interestingly, Bitcoin (BTC) reached its 2023 high of $31,657 on July 13 after a US federal court ruling dealt a blow to the SEC's crypto regulatory efforts. However, Bitcoin (BTC) turned bearish shortly after this price surge, and as of July 28, it is currently trading at $29,180.

Maker (MKR) Ecosystem Developments Trigger Massive Price Surge

In May 2023, MakerDAO announced their "Endgame" roadmap which consists of five phases. The upgrade will include a rebrand, a new blockchain, and the introduction of two new tokens. Rune Christensen, the co-founder of Maker DAO, also stated that users could initiate hard forks in response to power attacks or abuse.

These developments, along with the Maker (MKR) token burn, caused a significant increase in price last month. The Smart Burn Engine program launched by Maker (MKR) recently removed over $230,000 worth of Maker (MKR) tokens from the market.

As a result, Maker (MKR) rose from $672 on June 28 to its current price of $1,167 on July 28, representing a 72.84% increase in the last month. Only a few other tokens, such as XRP and Borroe ($ROE), have experienced similar surges in Q3 2023.

Investors Are Betting On Borroe ($ROE) In August 2023, Token Set To Gain 300%

Borroe ($ROE) is a decentralized funding platform that operates as a web3 blockchain invoice discounting NFT marketplace. It allows web3 participants and content creators to generate instant cash by selling future verifiable income. Users can mint their subscriptions, royalties, digital payments, and invoices into NFTs, which can then be sold at discounted prices to supportive community members.

Currently, Borroe ($ROE) is transitioning from its Beta stage to Stage 1 of its presale, having sold more than 25 million tokens so far. The value of Borroe ($ROE) has surged by 25%, and it is currently selling at $0.0125. After all presale stages, Borroe ($ROE) is expected to go mainstream in the crypto market and sell for $0.0400. By investing in Borroe ($ROE) now, you could potentially see a 220% rise in the value of your tokens in a few weeks.

Learn More About The Borroe ($ROE) Presale Here:

Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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