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In recent cryptocurrency developments, Bitcoin underwent a rigorous test as its value reached $60,660, only to experience a significant drop of 10.70% before bouncing back. Meanwhile, Ethereum faced its own challenges, encountering a daily loss of 13.80%. However, amidst this volatility, <a href="https://furrevertoken.com/?ref_url=tbt-btcethfurr-b-15042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> emerged as a beacon of success, defying the odds by continuing its surge in value and raising over $787,000 in its presale phase.
Bitcoin (BTC) Tested $60,660, Dropping 10.70% Before Rising Again
For the past two days, news of potential conflicts in the Middle East has deepened selling pressure on Bitcoin (BTC). Following reports last night of Iran launching drone attacks against Israel, Bitcoin (BTC) dropped by 10.70% to $60,660. Later, Bitcoin (BTC) rebounded and closed at $63,924, down 4.76% for the day. Today, Bitcoin (BTC) is showing a more positive outlook, currently trading at $63,970.
<img src="https://lh7-us.googleusercontent.com/P8OWMc3eCiErICOtI6gp52PqreC5YG-OJdrRW8qP6EXaRqvHNA6qG2EdDOXvU1dyr_8gIHTxiHL4-JH_b1u8qz2d4up8-o8DIe1P_hN3HY8ZqvYJPX3S6vXrFu0rFNEXnUM_tpIv5H3w9NuUWZ_bSA" width="605" height="302" style="display: block; margin-left: auto; margin-right: auto;">
Bitcoin (BTC) Chart Analysis
The escalating possibility of a new conflict in the Middle East has increased selling pressure on Bitcoin (BTC) in the last two days. After reports of "Iran hitting Israel with drones" surfaced in the news, selling pressure on Bitcoin (BTC) intensified, leading to a 10.70% drop to $60,660. Bitcoin (BTC) recovered later in the night and closed the day at $63,924, down 4.76%. Looking at the daily chart, we see that Bitcoin (BTC) is currently using the EMA55 as support. If selling pressure increases again due to news flow, we may see a pullback towards the $60k horizontal support. Conversely, if positive news emerges, we could see upward movements towards the EMA5 at $66,182 and EMA21 at $67,719.
Ethereum (ETH) Experienced a Daily Loss of 13.80%
Accompanying the downturn in Bitcoin (BTC) due to news of potential conflict in the Middle East, Ethereum (ETH) also dropped by 13.80% to test $2,845. As the morning approached, Ethereum (ETH) started to rise and closed the day at $3,013.1, down 7.01%. Starting slightly positive today, Ethereum (ETH) is currently trading at $3,044.3, up by 1.04%.
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Ethereum (ETH) Chart Analysis
Ethereum (ETH), the second-largest cryptocurrency by market capitalization behind Bitcoin (BTC), experienced sharp declines following news of conflict. With a 20% drop over the past two days, Ethereum (ETH) retreated to the horizontal support at $2,858 after yesterday's intense selling pressure. With buying interest from this level, Ethereum (ETH) managed to close the day above $3,000 at $3,013.1. Currently trading below many averages, Ethereum (ETH) may find support at $2,858 and the EMA200 at $2,695.6 if selling pressure continues. On the upside, the EMA100 at $3,088.2 and $3,205 horizontal support levels would be the first resistance zones if the price moves upwards.
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Furrever Token (FURR) Continues to Surge, Raises Over $787,000 in Presale
<a href="https://furrevertoken.com/?ref_url=tbt-btcethfurr-b-15042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token (FURR)</a> is making waves in the dynamic cryptocurrency market, attracting considerable attention for its impressive growth prospects and investor advantages. With each presale phase, Furrever Token (FURR) has consistently garnered substantial investments, showcasing its burgeoning popularity and strong support from the crypto community.
In its current sixth presale stage, Furrever Token (FURR) has already secured over $787,000, underscoring its increasing appeal and robust backing from investors. Offering the potential for up to 15X returns in each stage, Furrever Token (FURR) stands out as a highly enticing investment opportunity in the crypto sphere. Priced competitively at just $0.00048, FURR presents an accessible entry point for investors seeking to capitalize on its projected growth.
The token's allure is further amplified by its dedicated community, boasting over 4,300 active members on its official Telegram channel. This vibrant community fosters lively discussions, collaborations, and regular updates, enriching the investment experience for all participants.
Looking forward, Furrever Token (FURR)'s strategic roadmap and development initiatives underscore its commitment to establishing a prominent presence in the meme coin market. The Furrever Token (FURR) team is focused on introducing innovative features, forming strategic partnerships, and executing targeted marketing campaigns to drive adoption and enhance its market value.
In summary, Furrever Token (FURR) offers a compelling investment proposition, backed by strong fundamentals, an expansive and engaged community, and promising growth prospects. As Furrever Token (FURR) progresses towards achieving its strategic objectives, it is poised to deliver significant returns for early investors who recognize its potential. Secure the Most Exclusive Presale Opportunity of 2024 Today! <a href="https://furrevertoken.com/?ref_url=tbt-btcethfurr-b-15042024" target="_blank" rel="noopener noreferrer nofollow">Furrever Token Official Website</a>&nbsp; |&nbsp; &nbsp;<a href="https://buy.furrevertoken.com/?ref_url=tbt-btcethfurr-b-15042024" target="_blank" rel="noopener noreferrer nofollow">Visit Furrever Token Presale </a> <a href="https://t.me/FurreverToken" target="_blank" rel="noopener noreferrer nofollow">Join Official Telegram Group</a> &nbsp; &nbsp; &nbsp; | &nbsp; <a href="https://twitter.com/FurreverToken" target="_blank" rel="noopener noreferrer nofollow">Follow Official X Account</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-btc-tested-60-660-ethereum-eth-experienced-a-daily-loss-of-13-80-furrever-token-furr-continues-to-surge-raises-over-787-000-in-presale-tbt85364.html">https://thebittimes.com/bitcoin-btc-tested-60-660-ethereum-eth-experienced-a-daily-loss-of-13-80-furrever-token-furr-continues-to-surge-raises-over-787-000-in-presale-tbt85364.html</a>

Bitcoin (BTC) Tested $60,660, Ethereum (ETH) Experienced a Daily Loss of 13.80%, Furrever Token (FURR) Continues to Surge, Raises Over $787,...

TheBitTimes

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