Ethereum

Token

2024

Bitcoin

The cryptocurrency market is witnessing notable shifts as Bitcoin (BTC) experiences continued selling pressure following the recent FED interest rate decision. Meanwhile, Ethereum (ETH) is maintaining its position around the $3500 support level, showcasing resilience amidst market fluctuations. Amidst these developments, <a href="https://furrevertoken.com/?ref_url=opt-btcethfurr-b-14062024" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> emerges as a captivating investment opportunity, promising high growth with its unique cat-themed charm. As Bitcoin and Ethereum navigate market turbulence, Furrever Token offers a refreshing alternative, combining substantial return potential with an engaging and delightful investment journey.  
Continued Selling Pressure on Bitcoin (BTC) After FED Interest Rate Decision  
The leading cryptocurrency, Bitcoin (BTC), continues to face selling pressure following the FED's decision to keep interest rates unchanged. After surging to $70k post-decision, Bitcoin (BTC) couldn't withstand profit-taking from this level. With a market cap of $1.324 trillion, Bitcoin (BTC) started yesterday at $68,263, tested $68,449, and closed the day with a 2.18% drop at $66,773. Starting today on a positive note, Bitcoin (BTC) is currently trading at $67,236, up 0.69%, above the EMA55 support level.  
<figure class="wp-block-image"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeGTVjOaSssNO7yGZn3I25rjggdo2qCVLS7VfRTOib01h7WD6-JK-1-s6532cCiAZjHA_4BoAqe5ifjfIiLE4KobUWqMLjrn9C_YJi738k4B7oRjZ49lUnOQAW5F3q0k5xKkRYjd5U_8SKOpUmHSNAAbR8?key=I9IyRLRT__Oih7o7cHTcxw" alt="">
</figure>  
Bitcoin (BTC) Chart Analysis  
The leading cryptocurrency, Bitcoin (BTC), dropped from $72k to $56k between March and May 2024 and tested the $72k resistance again last week. After the Non-Farm Payroll data from the United States, Bitcoin (BTC) faced strong selling pressure from the $72k resistance, closing the week at $69,648 above the $69k support. Examining the daily chart of Bitcoin (BTC), we see that selling pressure increased before the FED interest rate decision and continues to persist. Although Bitcoin (BTC) made an upward move after the FED's decision to keep the rates unchanged, it couldn't close above $69k and is currently trading at $67,236. The support levels for Bitcoin (BTC) are at $66,805 (EMA55) and $64,148 (EMA100). The potential for an upward movement remains weak unless Bitcoin (BTC) closes above $69k.  
Ethereum (ETH) at the $3500 Support  
Ethereum (ETH), the second-largest cryptocurrency with a market cap of $422.28 billion, started yesterday at $3,559.8, tested $3,660.4, and closed the day with a 2.54% drop at $3,468.3. Like Bitcoin (BTC), Ethereum (ETH) is currently trading above the EMA55 support level at $3,515.1, up 1.35%.  
<figure class="wp-block-image"><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeNOmTpN10ssv2JLwQzHpSCX0KdJCtQsgrXCnoikofp2aTw1FOHVeg1XtHr1Hj_nZcW_AyX_7IvlneMOS7pV30Ex0TA_OZpy13Ai7zTWhs3NWTRk2R6zZYbnbyP3e4msct1Izxy_9hO72Zc_4NkFnwu9mbl?key=I9IyRLRT__Oih7o7cHTcxw" alt="">
</figure>  
Ethereum (ETH) Chart Analysis  
Second only to Bitcoin (BTC), Ethereum (ETH) started its downward trend in March from $4k and continued to decline to the $2,858 support. After a strong buying response ahead of the spot ETF approval news, Ethereum (ETH) broke its two-month downtrend and surged. Post-approval, Ethereum (ETH) traded between $3,750 and $3,950 for three weeks. However, after the Non-Farm Payroll data from the U.S. led to selling pressure on Bitcoin (BTC), Ethereum (ETH) broke below this range and is now trading slightly above the EMA55 support level at $3,515.1. If the selling pressure continues, the nearest support levels for Ethereum (ETH) will be at $3,481.9 (EMA55) and $3,333.2 (EMA100).  
Embrace the Adorable Investment: Furrever Token (FURR) Promises High Growth with Cat-Themed Charm  
Furrever Token (FURR) stands out in the cryptocurrency landscape by leveraging the irresistible appeal of cute cats, offering a delightful and engaging investment opportunity. The project has successfully raised over $1.3 million during its presale, generating significant excitement. Currently valued at $0.000732, Furrever Token is expected to surge by over 1500% post-presale, presenting a lucrative chance for investors seeking substantial growth.  
Furrever Token introduces a refreshing twist to the crypto world with its cat-themed ecosystem, aiming to provide an enjoyable user experience. The platform fosters a welcoming community where users can participate in regular challenges and share their love for cuteness. The inclusion of charming cat-themed stickers and visuals transforms everyday interactions into delightful experiences. Additionally, the referral system allows users to earn 10% in $FURR Tokens for each deposit made through their unique referral link, creating opportunities for passive income.  
The credibility of Furrever Token is bolstered by a comprehensive smart contract audit by Securi Lab, the absence of buy/sell taxes, and a commitment from the team to lock their tokens for a year. These measures have helped build a strong community presence, with nearly 4,000 active members on Telegram.  
With a mission focused on creating a heartwarming crypto environment adorned with cat-themed stickers, emojis, and visuals, Furrever Token offers a distinctive niche in the market. Its emphasis on community and enjoyment provides a refreshing break from more technical and serious crypto projects, appealing to investors seeking both substantial returns and a delightful investment journey.  
Visit furrevertoken.com to secure your tokens and join this exciting venture. Investors interested in this opportunity are advised to contact only the official support at <a href="mailto:support@furrevertoken.com" rel="noopener noreferrer nofollow">support@furrevertoken.com</a> to avoid potential scams. Join Furrever Token Presale Now: <a href="https://furrevertoken.com/?ref_url=opt-btcethfurr-b-14062024" rel="noopener noreferrer nofollow">Furrever Token Official Website</a>&nbsp; <a href="https://buy.furrevertoken.com/?ref_url=opt-btcethfurr-b-14062024" rel="noopener noreferrer nofollow">Visit Furrever Token Presale </a><a href="https://t.me/FurreverToken" rel="noopener noreferrer nofollow">Join Official Telegram Group</a> &nbsp; &nbsp; &nbsp; <a href="https://twitter.com/FurreverToken" rel="noopener noreferrer nofollow">Follow Official X Account</a>    
Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Bitcoin (BTC) Faces Selling Pressure Post-FED Decision, Ethereum (ETH) Holds Steady, and Furrever Token (FURR) Captivates Investors with Cat...

Optimisus

Other articles published on Jun 14, 2024

Bitcoin Cash Cuts Transaction Costs

Web3 Corporate Innovation Strikes Geneva, STORM Partners Announces Lightningbox

Binance Supports New Altcoin Merger for FET, OCEAN, and AGIX

Staking Rewards with MoonBag: MBAG Expected to Reach $1 Sparks Interest Among Floki Inu and Chain...

MicroStrategy Convertible Senior Notes Worth $700 Million Offered at 2.25% Interest

Toncoin price risks correction after TON’s 34% surge in 2 weeks

Join our free newsletter for daily crypto updates!