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

July 23, 2024
Reading Time: 3 mins read
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Cryptocurrency Market Update: Ethereum ETF, SHIB, BTC, and RUNE Trends


This week, Shiba Inu posts important positive aspects whereas Pawfury launches its promising presale. Bitcoin reveals bullish tendencies, and THORChain recovers, indicating constructive momentum within the cryptocurrency market.

Keep up to date on the newest cryptocurrency market tendencies. This week, Ehereum ETH, Shiba Inu (SHIB) posts robust positive aspects, Pawfury (PAW) launches its presale, Bitcoin (BTC) reveals bullish momentum, and THORChain (RUNE) recovers. Discover insights on these tendencies and future market outlooks.

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Cryptocurrency Market Replace: SHIB, PAW, BTC, and RUNE Tendencies

Shiba Inu (SHIB) Exhibits Robust Beneficial properties

Shiba Inu (SHIB) has posted a big value improve, rising by 19.68% over the previous seven days. This has made SHIB the second-highest weekly gainer among the many prime 15 cryptocurrencies by market cap. Nonetheless, its 24-hour buying and selling quantity stays comparatively low at $262 million, in comparison with a peak of $7 billion in early March. To succeed in its earlier excessive of $0.000045, SHIB would want to beat a number of resistance ranges, climbing from its present worth of $0.000019.

Introducing Pawfury (PAW): The Newcomer

Pawfury (PAW) is a revolutionary new cryptocurrency mission presently in its presale part, designed to captivate the market with its distinctive strategy and community-driven mannequin. PAW has emerged as a beautiful new funding possibility, providing high-yield staking rewards and aggressive APY. The presale of Pawfury (PAW) contains a 10% bonus for early buyers utilizing the promo code PAWGAINZ10X. The low-entry value makes it accessible, with the presale quickly promoting out.

Pawfury Strip

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Bitcoin (BTC) and Market Liquidations

Bitcoin’s value has not too long ago surged previous $64,000, briefly hitting $66,000 earlier than stabilizing round $64,433. This bullish pattern resulted in liquidations totaling $145.58 million, affecting roughly 50,436 merchants. Whale exercise has additional contributed to BTC’s upward momentum, with important purchases by main buyers.

THORChain (RUNE) Restoration and Predictions

THORChain (RUNE) has recovered by 23% over the previous week, presently buying and selling at $4.22. Market projections recommend it might rise to $5.76 and even $7.40 if it breaks by means of resistance ranges. With a market cap of $1.41 billion and a 24-hour buying and selling quantity of $207 million, RUNE is gaining traction amongst merchants and analysts.

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Market Tendencies and Future Outlook

The general cryptocurrency market is benefiting from a broader bullish pattern. Bitcoin’s continued stability above $64,000 and the anticipated introduction of Ethereum ETFs might gas additional market optimism. For SHIB, Pawfury (PAW), BTC, and RUNE, sustained buying and selling volumes and investor curiosity can be pivotal in sustaining the present constructive momentum.


This can be a sponsored article. Opinions expressed are solely these of the sponsor and readers ought to conduct their very own due diligence earlier than taking any motion based mostly on info introduced on this article.



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