Bitcoin maintained its ground above $65,000 despite volatile fluctuations. According to Coin Metrics’ data, the cryptocurrency recently endured a fleeting 3% dip below $65,000—falling as low as $64,680.44—which represented the first sub-$65,000 valuation in nearly a month since scaling new highs on May 16. Within hours, it had recovered most losses though stopped short of reclaiming the former threshold during earlier exchanges wherein selling pressure momentarily depressed the price to $64,347.91.
This has been reflected further by major whale selling – the altcoins have also performed worse and the total crypto market capitalization dipped beneath $2.4 trillion. However, currently, BTC is trading at $66,204.97 with no signs of retracement as of now.
During the highly volatile market movement, Bitbot released a new Mini App UI specifically for making DeFi trading easier for users by improving ease of access and usability. Bitbot, a decentralized autonomous organization, has successfully concluded its initial DAI offering, pulling in over four million dollars from contributors seeking to simplify accessing DeFi’s yields. In recent weeks, Bitbot debuted an intuitive, visually pleasing frontend designed especially for those fresh to blockchain-based finance.
Additionally, the platform features staking pools supplying competitive annualized percentage yields paid in multiple liquid cryptocurrencies.
The Bitbot team recently shared some exciting new details on their latest social media post, highlighting the Mini App UI as a key feature upon launch. While emphasizing functionality, the interface streamlines complex DeFi transactions in simple steps and maintains accessibility for newcomers. This user-centered design facilitates mentoring opportunities, such as crop farming, without a broad learning curve. About two weeks after launching its betting functionality, Bitbot introduced a Mini App User Interface (UI) that enables users to wager tokens through the bot, enabling them to place bets among peers and gain a competitive edge, all while leveraging Telegram exchanges for trading.
By utilizing the staking feature, users who claim their tokens through the bot have the opportunity to stake them and earn a highly competitive Annual Percentage Yield. Bitbot is currently developing additional security features, including Knightsafe, which aims to address the common risks that come with Telegram trading. By integrating anti-MEV and anti-rug solutions, users can enhance the security of their assets. The company also disclosed that ultra-flexible wallet management driven by non-custodial API technology is already being implemented using a portion of the presale cash.
