A recent institutional move is catching the crypto market’s attention—asset management giant BlackRock may be gradually shifting its focus from Bitcoin to Ethereum. This significant development has fueled bullish Ethereum price predictions.
At the same time, the zero-gas coin JetBolt (JBOLT) is capturing the attention of crypto whales. The JetBolt presale just crossed a major milestone—over 356 million tokens sold and $3.2 million in total sales.
What’s driving JetBolt’s dramatic expansion? Is BlackRock switching focus from BTC to ETH? Keep reading for the latest updates on JetBolt’s presale and Ethereum’s price outlook.
Ethereum Price Prediction: Can Blackrock’s Recent Move Drive ETH’s Breakout?
BlackRock appears to be pivoting from Bitcoin to Ethereum. Reports show the firm’s ETH holdings rose from 1.3 million to 1.4 million, while its BTC holdings fell from 665,000 to 661,000 tokens. This trend has sparked bullish Ethereum price predictions among crypto insiders.
Chart of ETH’s price action over the past 24 hours and other essential market data. (Source: CoinGecko)
Some analysts believe this shift could be a key driver of ETH’s extended recovery and potential breakout. However, Ethereum’s price action tells a different story. As of this writing, ETH is trading at approximately $2,627—still consolidating despite the BlackRock buzz.
According to Manish Chhetri’s analysis, Ethereum has been consolidating between $2,461 and $2,724. While BlackRock’s moves have not yet spurred a breakout, ETH could gain momentum if it pushes above $2,724. A rally toward $3,000 remains possible.
BlackRock’s growing ETH assets alone may not be enough to support such a price boost. Other market conditions are likely to influence Ethereum’s price direction.
JetBolt’s (JBOLT) Rapidly Expanding Presale Sells Over 356 Million Tokens
While Ethereum’s breakout at $3,000 remains uncertain, a young altcoin’s impressive presale momentum captivates the market’s attention. JetBolt’s (JBOLT) ongoing presale is steadily gaining traction, hitting a major milestone of over 356 million tokens sold.
JetBolt’s appeal isn’t just its rising presale numbers. Its growing presale momentum can be attributed to its advanced, user-focused features that set it apart.
One standout JetBolt feature is zero-gas technology. Powered by the Skale network, JetBolt allows users to make fast blockchain transactions without incurring any gas fees.
JetBolt also offers a social staking experience with its user-friendly crypto-staking platform. Participants can earn additional rewards when they stake JBOLT tokens while engaging with friends.
To enhance user experience further, JetBolt features an AI-driven crypto insights and news tool. This intuitive utility displays easy-to-read crypto market updates and other relevant Web3 information.
To sweeten the deal, early presale buyers can enjoy up to 25% extra tokens when they purchase Alpha Boxes or JBOLT tokens in bundles during the presale.
In a nutshell, JetBolt’s state-of-the-art features and attractive presale perks are what’s fueling its dramatic expansion.
Conclusion — Ethereum’s Price Trajectory and JetBolt’s Surging Presale
With BlackRock’s focus potentially shifting, institutional interest in ETH could set the stage for its next price move. Although analysts’ Ethereum price predictions are not set in stone, Ethereum remains one of the top crypto assets to watch closely.
Meanwhile, JetBolt continues to shine in the Web3 space with its rapidly expanding presale. This growth has been fueled by JetBolt’s next-gen features, such as zero-gas technology, a social staking platform, and an AI-driven tool.
Explore JetBolt’s exciting presale today. Visit the official JetBolt website now.
This write-up does not offer financial or crypto buying advice. Conduct thorough research before acquiring any crypto asset. All cryptocurrencies carry significant risks and are highly volatile.
