NYSE Technical Glitch Propels Ethereum (ETH) and RCO Finance (RCOF) to New Heights

While Warren Buffet's company Berkshire Hathway's share price massively plunged following the New York Stock Exchange (NYSE) technical issue, many crypto enthusiasts joked about the momentary annihilation of his net worth. Some have speculated that this would fuel positives in the Ethereum (ETH) community.

A technical glitch at the New York Stock Exchange (NYSE) on June 3 saw a massive surge in interest for cryptocurrencies, especially Bitcoin and Ethereum.

However, while investors were left panicking after seeing Warren Buffett’s Berkshire Hathaway (NYSE:BRKb) share price plummet by 99%, dropping to $185 from $621,000, this incident brought a wave of optimism for the crypto community.

As the NYSE asset prices went haywire for a brief period, with Berkshire’s class A (BRK.A) shares also showing a massive plunge, zooming from a Monday open of $621,800 to $185, this technical issue led to the asset being halted by the NYSE.

However, this issue was resolved within a few hours, and BRK.A closed the day with gains of 0.59%.

On the other hand, investors in Bitcoin and Ethereum were left surprised by this incident. However, some experts say that this might be a positive development for top cryptocurrencies.

After the approval of the SEC for ProShares Bitcoin Strategy ETF (NYSE Arca:BITO), which began trading on Monday, investors are shifting their attention to major cryptoさじ, hoping for another round of gains from the battered H1 2024.

Currently, Bitcoin is trading at a price of $38,840 (0.04% up in 24 hours), while Ethereum is trading at a price of $3,800 (0.1% down in 24 hours).

Also Read: Best Cryptos Under $1 To Buy

Ethereum Surges After Approval Of ETH ETFs

The price of ETH has seen a massive surge following the approval of Ethereum ETFs. After the U.S. SEC gave the green light to spot Ethereum ETFs, ETH surged from $2,800 to reach $3,900.

This marked a 39.28% price surge for Ethereum within a week. However, ETH faced a slight correction in early June.

Currently, ETH is trading at around $3,800, which shows a 23.49% growth in the past month.

Ethereum’s crypto market cap has also seen a slight increase by 0.70%, reaching $457 billion. These bullish waves of Ethereum have painted a bullish sentiment among investors.

Moreover, the technical indicators have also strengthened the bullish outlook for ETH. So, if Ethereum continues gaining momentum, it will hit $5,000 in the coming months.

Investors Now Eyeing RCO Finance as a Game-Changer

Now that we covered the recent NYSE technical issue let’s dive deep into a new AI-powered DeFi platform–RCO Finance. This new AI trading platform gives traders the autonomy to invest in real-world assets (RWA).

Moreover, RCO Finance provides full autonomy and rock-bottom low fees. Its crypto AI robot advisory helps analyze large amounts of data related to thousands of stocks, bonds, commodities, and derivatives.

This predictive analysis of trading will propel investors to make better investment decisions. That’s why experts consider RCO Finance one of the best DeFi projects.

Not only that, but RCO Finance also gives access to debit cards globally, allowing you to be worry-free from any geological restrictions. Moreover, this project also helps earn staking rewards and generate passive income.

Emerging as one of the promising AI-driven DeFi platforms, investors are interested in RCOF tokens. As a result, RCO Finance has successfully sold more than 12 million RCOF tokens.

Meanwhile, over 84 million RCOF tokens are still available for purchase. So, to avoid missing out on this golden opportunity, investors should buy RCOF and HODL now.

In the ongoing presale of RCO Finance, RCOF is valued at $0.0127 at Stage 1. By the next stage, its price will surge to $0.0343, delivering a 169% ROI for Stage 1 investors.

By the end of the presale, RCOF will witness a 3,000% increase. This impressive upward trajectory has made RCOF one of the best crypto investment picks.

RCO Finance: Future Of DeFi And AI-Based Crypto Market

According to experts, buying and holding RCOF is the best investment choice. As its presale approaches the end, investors who buy this coin now and hold it will realize massive profits by the end of the year.

Reports suggest investors can enjoy up to 100x profits once RCOF starts trading on various exchanges. This optimism stems from RCO Finance’s ability to lead the DeFi and AI sectors within the crypto landscape,