Could Bitcoin's Surge to $125,000 Ignite Shiba Inu and DTX to New Heights in 2023?
The Tribune India•20 hours ago•
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Could Bitcoin's Surge to $125,000 Ignite Shiba Inu and DTX to New Heights in 2023?

Market Sentiment
bitcoin
shibainu
dtxexchange
marketanalysis
cryptoinvesting
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Summary:

  • Bitcoin is on track to hit $125,000, which could boost Shiba Inu (SHIB) and DTX Exchange (DTX).

  • Institutional demand for Bitcoin is rising, with $755 million in ETF inflows last week.

  • SHIB struggles with low trading volume, risking further decline in a competitive market.

  • DTX Exchange has raised over $11.9 million in presale, rapidly gaining traction.

  • Analysts predict major gains for altcoins like SHIB and DTX as Bitcoin approaches its highest.

Bitcoin's Path to $125,000: Setting the Stage for a Market Boom

Bitcoin price is on track to hit $125,000, and experts believe this rally could be the push Shiba Inu (SHIB) and DTX Exchange (DTX) need to reach their all-time highs. Powered by a massive community, SHIB and DTX are set to ride BTC’s momentum as investors seek the next big opportunity.

Bitcoin Surge

Bitcoin recently crossed $100,000 for the first time in 2023, trading nearly at $101,579 after U.S. inflation data showed core CPI dropping to 3.2%. The easing inflation raised hopes for lower interest rates, encouraging fresh activity in BTC and other cryptocurrencies.

Institutional demand for BTC is on the rise, with Bitcoin ETFs recording $755 million in inflows last week, led by Fidelity with $463 million. Global interest is growing too, with Thailand’s SEC evaluating its first Bitcoin ETF proposal, signaling confidence in Bitcoin price stability.

Analysts expect Bitcoin to push toward $125,000 this year, which will positively impact new and innovative projects like DTX Exchange, offering growth alongside AI integration.

Experts Question Shiba Inu (SHIB)’s Direction

Currently trading at around $0.00002285, SHIB shows a modest 2% daily rise. Analysts note that while other assets recover, SHIB remains stuck between its 50 and 200 EMAs, signaling weak momentum. Low trading volume reflects limited interest, leaving the token trailing behind competitors like Ethereum and Solana.

Shiba Inu

The Shiba Inu team has launched a TREAT token airdrop through exchanges like KuCoin and Bitget, hoping to boost community engagement. However, experts warn that without stronger price action or higher volume, SHIB risks falling further behind in a competitive market.

DTX Exchange (DTX): The Next Big Contender in 2025

DTX Exchange is rapidly gaining traction by raising over $11.9 million in its presale and registering around 500,000 new wallets. Its hybrid model combines centralized performance with decentralized security, offering access to over 120,000 assets.

DTX Exchange

Built on the VulcanX blockchain, DTX prioritizes security through rigorous audits and plans for quantum-proof protocols. Analysts predict major gains for altcoins like SHIB and DTX as Bitcoin nears its highest.

With Bitcoin nearing $125,000, both Shiba Inu and DTX Exchange are capturing attention, and DTX, being a new token, is one to watch closely.

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