Bitcoin Slides to $82K: Why Smart Money Is Dumping BTC for the Digitap ($TAP) Crypto Presale

Bitcoin’s bull run went from hitting a wall to full-on collapse in a matter of days. After ranking at the top of most traders’ lists as the best crypto to buy now, Bitcoin peaked north of $126,000 in early October. The world’s largest cryptocurrency has fallen sharply, currently trading around $86,000. On Hyperliquid, a brief flash crash sent Bitcoin trading as low as $80,255 on Friday morning.

Macroeconomic headwinds are mostly to blame. A more hawkish tone from the U.S. Federal Reserve, driven by persistent inflation, has all but eliminated expectations of a rate cut. Typically, falling rates are among the most notable catalysts for risk-on assets like Bitcoin.

As confidence in Bitcoin’s near-term upside has all but evaporated, investors of all shapes and sizes continue to reallocate capital into better altcoins to buy that offer upside potential. One standout beneficiary is Digitap ($TAP), a crypto presale project that launched a crypto-fiat banking platform known as an “omni-bank.”

Source: Digitap

Why Digitap’s Omni-Bank Belongs On Crypto To Buy Now Lists

Digitap is a platform that blends traditional fiat banking with crypto in one seamless platform. Users can send, receive, store, save, invest, and spend both fiat and cryptocurrency from its banking-grade app. As part of a recent partnership with Visa, Digitap now lets users spend their money through a Visa-branded debit card

The card works anywhere Visa is accepted and even lets users preload it with crypto. The software will automatically convert crypto to fiat at the time of purchase to complete a transaction. This means Digitap offers crypto investors the same convenience as a traditional bank card.

Smart money is clearly retreating from Bitcoin and searching for crypto presale opportunities that offer strong fundamentals and lower downside risk. This is why Digitap has emerged as one of the best altcoins to buy in a downturn market. Digitap offers the growth upside of a startup with the defensive stability of real-world usage.

Source: Digitap

Crypto Presale Momentum: $TAP Climbs From $0.0125 To $0.0326

Digitap effectively bridges the gap between digital assets and mainstream finance in a user-friendly way. This positions Digitap as a potential beneficiary of the ongoing rotation away from blue-chip crypto projects. The evidence for this can be found in Digitap’s presale numbers.

The ongoing presale of Digitap’s native token $TAP kicked off in late summer. The presale is broken down into multiple rounds, with the token price rising at each stage once the allocation is sold out. Round 1 of the presale began at just $0.0125 per $TAP, and the token advanced each stage with ease to its current price of $0.0326.

This tiered pricing structure is more attractive in a declining market, as it protects early buyers and builds in upward momentum. Indeed, Digitap’s earliest investors are sitting on a paper profit of more than 150%, an accomplishment that seems elusive for Bitcoin at this time. However, it isn’t too late as Digitap remains one of the best cryptos to buy now because it is still undervalued relative to its expected listing price.

The team recently set an exchange launch price of $0.14. This means the token trades at a roughly 80% discount compared to where it is expected to trade when it graduates from presale status and lists on several exchanges.

Bitcoin Slides Toward $80K As Fed Turns More Hawkish

It wasn’t even a whole month ago that Bitcoin traded at around $115,000, which was within striking distance of its all-time high. However, the token tumbled below the psychologically important $100,000 level in mid-November. It took around a week to lose another $10,000 and crash below $90,000, now trading closer to $80,000 than $90,000.

Expectations for looser monetary policy remain the main culprit. The U.S. economy continues to run hot, with data on Thursday showing it added 119,000 new jobs in September, more than doubling expectations of just 50,000. The reality is that a hot economy is not favorable for risk assets, as the central bank is unlikely to cut rates.

Meanwhile, U.S. spot Bitcoin ETFs saw nearly $1 billion in net outflows since Nov. 20 alone, as major players dumped their Bitcoin exposure. This contributed to Bitcoin’s crashing price, all but confirms technical weakness, and makes it clear that a return to $100,000 is not in the near-term picture.

In this context, smart capital is reallocating, not to exit crypto, but to back projects with a clearer utility path and favorable risk-reward profiles.

Source: CoinMarketCap

Amid Volatility, Digitap’s Real-World Utility Stands Out

Bitcoin’s slide to the low $80,000s amid economic uncertainty has prompted investors of all sizes to take action. Many are redistributing into promising crypto presale projects like Digitap that offer something Bitcoin currently does not: real-world, everyday usability with significant growth potential.

Digitap’s vision of a unified crypto-fiat banking platform is resonating in an industry that has been begging for real-world adoption for quite some time. Its strong presale performance confirms that confidence, ranking it among the best cryptos to buy now.

Of course, Bitcoin isn’t going away, and it is nearly universally accepted that it will trade at new highs. But the timing is unclear, and a more mature crypto market means capital is attracted to projects that can do more than serve as a digital gold.

Discover the future of crypto cards with Digitap by checking out their live Visa card project here:

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