Last Friday, Bitcoin underwent its most recent halving, slashing the block reward by half. This event usually increases the price of the cryptocurrency (i.e., as supply reduces, demand increases, and so does the price).

However, since the quadrennial halving, the Bitcoin price has struggled, falling and rising in a tight price range. Consequently, many other altcoins and cryptocurrencies have experienced corrections or major declines.

Amid the current market conditions, experts are tipping Bitgert to leap up to 2000% in price action. They believe this crypto engineering project is building momentum for an imminent rally in the near term. But what could drive Bitgert to a new peak amid the current market conditions?

Read on to find out.

Bitcoin’s Lackluster Performance Affecting the General Market

Contrary to the economics of fiat currencies, which are susceptible to inflationary measures such as money printing, BTC uses its halving to control its new supply, creating scarcity. This scarcity helps maintain Bitcoin’s market value over time.

However, despite a successful halving, Bitcoin has moved sideways, falling and rising in a tight price range. Since the start of Q2, Bitcoin seems to have experienced high volatility, plummeting by approximately 10% in the last 30 days. Bitcoin oscillated between $62,000 and $67,000 in the past week, with its current price stationed at 64,800.

Bitcoin’s lackluster performance has consequently led to market corrections or sharp declines in the price actions of hundreds of tokens and cryptocurrencies. The market is in a bearish state, and investors are hoping for a market resurgence in the coming weeks.

Bitgert’s Growing Appeal Catalyzing Price Jumps

While the dire market awaits a resurgence, Bitgert– investors are cashing out big. Thanks to its impressive price performance despite the current market conditions, Bitgert has been able to reward its investors and holders handsomely.

Bitgert was able to pull this off because enthusiasts are growing in their use of Bitgert’s range of innovative solutions. Some of these solutions include Bitgert Startup Studio, Bitgert Exchange, Brise Chain, Bitgert P2P Marketplace, Influencer Grant Program, etc.

Recently, a good number of projects were migrated from the Ethereum blockchain into Bitgert’s ecosystem through its EVM compatibility. These projects were migrated into Bitgert’s ecosystem because, contrary to Ethereum, Bitgert doesn’t suffer from network congestion issues and charges zero gas fees on every transaction on its blockchain.

As Bitgert continues to focus on perfecting digital interaction between users and their digital assets, its appeal will keep growing in the market.

Conclusion

Bitgert’s unique tools and functionalities also make it easy for Bitgert to host projects like Miidas NFT Marketplace, BRISE Paradise, Omniaverse, etc.

Moreover, Bitgert’s growing, vibrant community shows no signs of slowing down. This fleet of vibrant folks is determined to push Bitgert with enough momentum toward the top of the market.

Load your wallets with Bitgert and secure life-changing profits in Q2.