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Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) May Bounce Back as ETFSwap (ETFS) Presale Raises Millions

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Release: 2024-07-17 20:06:52
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Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) were listed as some of the biggest losers in the metaverse this past month. However, these tokens

Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) May Bounce Back as ETFSwap (ETFS) Presale Raises Millions

Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) suffered some of the biggest losses in the metaverse last month. However, these tokens ended the last week on a good note, and analysts believe this new trend will continue.

ETFSwap (ETFS) enjoyed a steady run as its presale raised millions.

Important Indicator Signals Huge Recovery For Bitcoin (BTC)

After surging to $70,000, Bitcoin (BTC) faced difficulties in June. In Q1, Bitcoin (BTC) surpassed expectations and reached a new all-time high of $73,750. After that, this cryptocurrency fell by more than 20% in the last month.

Currently, Bitcoin (BTC) trades at $56,284, showing a 3% increase in 24 hours from $54,340. Crypto analyst Ali Martinez stated on X that the appearance of the TD Sequential indicator on the charts may be a turning point for Bitcoin (BTC).

The ETFSwap (ETFS) Presale Overcomes Volatility And Raises Over $2 Million

ETFSwap (ETFS) raised millions in just a few weeks, greatly exceeding all expectations. This fantastic cryptocurrency and its ongoing presale have offered investors substantial ROIs. As the market struggles to overcome current bearish trends, ETFSwap (ETFS) offers asylum to investors.

With the goal of connecting the financial markets in both worlds, ETFSwap (ETFS) is a unique cryptocurrency platform. Through this project, investors can simultaneously generate revenue from both markets by engaging in tokenized ETF trade. Tokenized ETFs are assets that are backed by commodities in the real world, such as commodity and spot ETFs.

Additionally, CyberScope conducted a thorough audit of ETFSwap (ETFS), assuring the metaverse of the platform’s safety. In recent weeks, investors have incurred losses of up to $1.5 billion from scam attacks alone. With ETFSwap (ETFS) investors can be sure of the total safety of their assets from bugs, scam attacks, and hackers.

According to experts, this cryptocurrency is the best investment choice in the metaverse today due to its distance from present dips. The ETFS token can be purchased from the website at $0.01831 per token. Investors can begin recovering losses from other cryptos with this presale because it promises 100% returns by the end of this round.

Spot Ethereum ETFs Launch May Push Ethereum (ETH) To Bounce Back

Ethereum (ETH) encountered some of its largest losses this year as more than 220,000 traders succumbed to selling pressure. Binance experienced the largest single liquidation order in the ETH/USDT trading pair, valued at $18.48 million.

According to market analysts, the Ethereum liquidations per hour have surpassed that of Bitcoin (BTC) by a significant margin. Despite the news about the launch of Spot Ethereum ETFs in July, the price of Ethereum failed to cause a rally. Nevertheless, these analysts believe that Ethereum will surprise the metaverse with an upshoot due to the traction Spot Ethereum ETFs have received.

Cardano (ADA) Continues To Maintain Support Level

Cardano (ADA) failed to resist the bear season despite being famous for its distinct technical advancements. The first week of July 2024 was challenging for this cryptocurrency as it dwelled in the red zone. Cardano (ADA) fell by about 12% this past week, causing its price to plummet further.

Cardano (ADA) joined the dipping trend towards the end by forming a wedge breakout pattern. This has led individuals to believe that this cryptocurrency may experience a rally as high as 70% in Q3. Although Cardano (ADA) fell below its nearest support level of $0.35, it has managed to remain above its second support as it trades above $.034.

Concluding Thoughts On The Capability Of These Cryptos To Maintain Upswings

As the metaverse gears toward recovery, analysts hope Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) will exhibit more bullish traits. Meanwhile, ETFSwap (ETFS) has impressed countless individuals in the market as it continues to resist the plunging tide of the ecosystem. Investors are encouraged to rush into this presale while its tokens are still affordable.

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source:kdj.com
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