Remittix Builds PayFi Case Amid Bitcoin's Recovery
Bitcoin's recent fall to $75,000 was met with two major setbacks for risk appetite. The US Senate failed to advance the CLARITY Act and the Federal Reserve raised interest rates by 25 basis points.
BTC recovered from the low of around $75,026 to approximately $78,204 on September 18, but still needs to prove that the recent low formed durable support.
In this environment, utility and project-specific milestones are gaining importance across the presale market. Remittix is one such project building its case for PayFi products designed to move crypto value into conventional bank accounts.
The remittance-focused token has seen significant progress in its presale, with 82.23% sold at $0.21 and a next stage price of $0.23. Its dashboard shows over $4 million remaining until launch, although the roadmap indicates that reaching $32 million will trigger a launch-date reveal.