Bitcoin Surges Past $85k as Oil Prices Crash 10% in Under a Week
Bitcoin's price has surged to over $85,000 as oil prices fell by roughly 10% in less than a week. This drop in energy costs has eased immediate inflation concerns and pulled bond yields away from recent highs, encouraging investors to re-enter risk assets.
The improved macroeconomic conditions have directed capital toward projects with their own growth catalysts. Remittix is one such project that combines a late-stage presale with PayFi settlement, live perpetual markets, a mobile wallet, and planned earning tools.
Remittix's PayFi system allows users to send over 50 cryptocurrencies and settle value across more than 30 fiat currencies, making crypto usable for invoices, remittances, and commercial transfers through supported banking rails.
With its presale approaching 90% completion, Remittix remains priced at $0.21 before the planned next stage at $0.23. A CertiK review offers another resource for investors assessing the project.