Bitcoin has crossed its previous all-time high (ATH), climbing swiftly and beyond the $85k mark. Amid the celebrations are fears of significant short liquidations, reaching $218 million, as Bitcoin’s volatility index hits a 3-month peak. The BTC Fear and Greed index is at 79, a huge jump from its neutral position weeks ago.
Analysts predict Bitcoin could swing 10% in either direction in the coming weeks, causing investors to weigh whether to buy Bitcoin. Meanwhile, the emerging DeFi project FXGuys ($FXG) is gaining attention in the proprietary trading space as market participants seek alternative opportunities during this period of uncertainty. Learn how this new project revolutionizes proprietary trading and why early investors rush to secure their spot before the presale ends.
Bitcoin (BTC): Impending Liquidations as Price Rises
Liquidation events await on either side of the Bitcoin price action as traders watch closely for the outcomes of their trading activity. As the coin approached the $80k, short positions of up to $218 million got liquidated. Data from CoinGlass also shows potential liquidations of about $484 million if BTC sways in the opposite direction and crashes below $68,000.
According to the crypto derivatives exchange, Derebit, the BTC volatility index hit a three-month high on November 3rd. The CEO of CryptoQuant, Ki Young Ju, advised against people explosively selling their holdings. He predicts a 30-40% growth, significantly exceeding $100k, while advising a gradual selling strategy.
FX Guys ($FXG): PropFi Trading on the Blockchain
FXGuys is transforming the trading landscape by merging decentralized finance (DeFi) and traditional finance (TradFi). The project introduces PropFi, a groundbreaking proprietary trading ecosystem that provides access to multiple assets including crypto, FX, indices, and commodities. Extensive markets are made available on the custom FXGuys platform and across other platforms like Match-Trader, MT5, cTrader, and DXtrade based on traders’ locations.
This ICO crypto offers funded accounts up to $500,000 through its trader development program to boost retail trading. Qualified traders who pass challenges receive an 80-20 profit split in their favor with the potential to earn a higher share over time. FXGuy’s unique Trade2Earn program rewards players with $FXG tokens that can be used to enter these challenges.
A self-sustaining staking ecosystem rewards token holders who stake their $FXG tokens. Stakers earn up to 20% profit and revenue share from brokered trading volume, distributed based on their percentage of the entire pool. This passive income opportunity rewards participants for maintaining token supply and stability.
The FXGuys ($FXG) Presale: FXGuys Charts Course for 2025 Success
The native token of this proprietary trading platform, $FXG, is demonstrating remarkable momentum. Over 127 million tokens were sold at $0.03 in its first presale stage, which has already reached an impressive 88% completion rate, signaling strong market interest. The project is preparing to enter its second stage, where the token price will increase to $0.04, offering early investors a potential 33% value appreciation.
Investor interest in FXGuys continues to mount, as early participants anticipate up to 200% gains after the final presale round. The ICO crypto has a proposed listing price target of $0.1 per token, maximizing investor returns and value. The project will implement a vesting schedule for token distribution, optimizing gas fees and protecting $FXG’s value.
Conclusion
The Bitcoin chart looks promising as investors anticipate returns despite potential trading liquidations. Amid this volatility, FXGuys emerges as a stable opportunity with its innovative PropFi platform and comprehensive trading features. With a projected 200% gain potential, early investors are securing their positions in what could be 2025’s standout project.
To find out more about FXGuys follow the links below:
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