The post Bitcoin surpasses $97k as Remittix’s presale surpasses $11m appeared on BitcoinEthereumNews.com.

Key takeaways Bitcoin is up nearly 1% in the last 24 hours and now trades above $97k. The Remittix presale has nearly doubled in two weeks, raising over $11 million from investors.  Bitcoin hits $97k in a weekend rally The cryptocurrency market is rallying this weekend, with Bitcoin and other major altcoins currently in the green. This is a shift from recent weeks, where Bitcoin had struggled during the weekend. The world’s leading cryptocurrency by market cap is up 1% in the last 24 hours and now trades above $97k per coin. At press time, the price of Bitcoin stands at $97,262 and could rally higher in the near term.  Despite the recent volatility, investors remain bullish about Bitcoin’s price potential in the medium to long term. This could translate to confidence in altcoins, especially those building infrastructure for users.  What is Remittix? One project that is currently building an exciting infrastructure for users is Remittix. In a market dominated by stablecoins, Remittix is building a PayFi project that would make cryptocurrency payments easier for users. In its whitepaper, the team described Remittix as a payment network that merges the best parts of traditional payment systems with decentralized Finance. The merger of these two is called PayFi. Remittix is designed to empower users to pay fiat into any bank account worldwide using crypto. The platform will enable users to easily connect their crypto wallets and send cryptocurrencies to recipients who can receive the money in their preferred fiat currency.  An exciting feature of Remittix is that it comes with no hidden fees, no expensive conversation rates and the recipient will have no idea the original payment was sent in crypto. Remittix’s working model Remittix is an exciting platform because it is easy to use, making it ideal for novices and…

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Filed under: News - @ February 9, 2025 4:14 am