Cryptocurrency Market Update: Ethereum ETF, SHIB, BTC, and RUNE Trends

Cryptocurrency Market Update: Ethereum ETF, SHIB, BTC, and RUNE Trends
фото показано с : bravenewcoin.com

2024-7-23 03:36

Stay updated on the latest cryptocurrency market trends. This week, Ehereum ETH, Shiba Inu (SHIB) posts strong gains, Pawfury (PAW) launches its presale, Bitcoin (BTC) shows bullish momentum, and THORChain (RUNE) recovers. Explore insights on these trends and future market outlooks.

Cryptocurrency Market Update: SHIB, PAW, BTC, and RUNE Trends Shiba Inu (SHIB) Shows Strong Gains

Shiba Inu (SHIB) has posted a significant price increase, rising by 19.68% over the past seven days. This has made SHIB the second-highest weekly gainer among the top 15 cryptocurrencies by market cap. However, its 24-hour trading volume remains relatively low at $262 million, compared to a peak of $7 billion in early March. To reach its previous high of $0.000045, SHIB would need to overcome several resistance levels, climbing from its current value of $0.000019.

Introducing Pawfury (PAW): The Newcomer

Pawfury (PAW) is a revolutionary new cryptocurrency project currently in its presale phase, designed to captivate the market with its unique approach and community-driven model. PAW has emerged as an attractive new investment option, offering high-yield staking rewards and competitive APY. The presale of Pawfury (PAW) features a 10% bonus for early investors using the promo code PAWGAINZ10X. The low-entry price makes it accessible, with the presale rapidly selling out.

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Bitcoin (BTC) and Market Liquidations

Bitcoin’s price has recently surged past $64,000, briefly hitting $66,000 before stabilizing around $64,433. This bullish trend resulted in liquidations totaling $145.58 million, affecting approximately 50,436 traders. Whale activity has further contributed to BTC’s upward momentum, with significant purchases by major investors.

THORChain (RUNE) Recovery and Predictions

THORChain (RUNE) has recovered by 23% over the past week, currently trading at $4.22. Market projections suggest it could rise to $5.76 or even $7.40 if it breaks through resistance levels. With a market cap of $1.41 billion and a 24-hour trading volume of $207 million, RUNE is gaining traction among traders and analysts.

Market Trends and Future Outlook

The overall cryptocurrency market is benefiting from a broader bullish trend. Bitcoin’s continued stability above $64,000 and the expected introduction of Ethereum ETFs could fuel further market optimism. For SHIB, Pawfury (PAW), BTC, and RUNE, sustained trading volumes and investor interest will be pivotal in maintaining the current positive momentum.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.

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cryptocurrency trends market shows bitcoin promising bullish

Источник: bravenewcoin.com

cryptocurrency trends → Результатов: 126


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Global Automotive Blockchain Market to Register Explosive Growth: BIS Report

A new research report by BIS Research is increasing the hopes of people in the blockchain industry. The report, titled “Strategic Assessment of Blockchain in Automotive, Focus on Influencing Factors, Industry Trends, and Applications — Analysis and Forecast, 2018–2026,” highlights that the global market for automotive blockchains will register a compound annual growth rate (CAGR) of […] Global Automotive Blockchain Market to Register Explosive Growth: BIS Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers

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