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Bitcoin (BTC) is still holding steady above $34,000 despite facing pressures such as market trends, expirations, and the end of the month. Investors are currently pondering the future of this leading cryptocurrency amidst its rally. The primary concern is whether this upward momentum will persist. In addition to Bitcoin itself, there has been growth in Bitcoin Minetrix (BTCMTX) which is currently considered one of the alternatives to BTC. It has already raised over $3 million.  In this article, we will discuss some of the alternatives to Bitcoin that are available for consideration, at present. Is Bitcoin’s Skyrocketing Surge over $37k Just Around the Corner? Despite the trends, in the macro landscape such as falling stock prices and rising bond yields Bitcoin had a strong performance in October. BTC managed to cross the $37k mark on November 9, but it held onto that level for a short time. According to Josh Olszewicz, BTC could potentially continue its trend in the coming months and potentially reach $38,000 by the end of the year. During a discussion at the JPMorgan Investors Conference, Stanley Druckenmiller, a billionaire hedge fund manager with a worth of $6.4 billion shared his insights on Bitcoin. He mentioned that although he owns gold he currently does not possess any Bitcoin despite feeling that he should. He emphasized that younger generations perceive Bitcoin as a store of value due to its user-friendliness. >>> Buy The Best Coin Now <<< Bitcoin ETF Token (BTCETF) – Raising Almost $90K In Only 3 Days Of Its Presale, More to Come After Bitcoin ETFs are Approved The Bitcoin ETF Token (BTCETF), isn’t just another cryptocurrency; it’s a forward-thinking project that’s looking ahead to the potential release of Bitcoin ETFs. This token operates on the Ethereum blockchain, and it’s designed to seize the opportunities presented…

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Filed under: News - @ November 10, 2023 11:20 pm