CaryptosHeadlines Media Has Launched Its Native Token CHT.
Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT.
Join the Airdrop at the official website,
CryptosHeadlinesToken.com
The crypto market remained relatively flat on Tuesday as investors waited for the Federal Reserve FOMC meeting and a decision on interest rate cuts. Markets struggled late on Tuesday as major cryptocurrencies registered a substantial drop. Bitcoin (BTC) fell to a low of $81,171, while Ethereum (ETH) fell to a low of $1,825 as bearish sentiment increased.
The markets have struggled since surging to record highs in the wake of Donald Trump’s election victory and inauguration with BTC trading almost 25% lower than its all-time high, while ETH has lost over 50% of its value as it trades below $2,000. Let’s look at how some of the major cryptocurrencies are performing in the run-up to the FOMC meeting.
Bitcoin (BTC) Price Action
Bitcoin (BTC) dipped to a low of $76,642 last Tuesday as selling pressure intensified. However, it rebounded from this level, surging 5.50% to reclaim $80,000 and settle at $82,943. The price continued to push higher on Wednesday, increasing almost 1% and settling at $83,709. However, it lost momentum on Thursday, dropping over 3% and settling at $81,136. Markets rallied on Friday as bullish sentiment returned. As a result, BTC surged past the 200-day SMA, rising to an intraday high of $85,363 before settling at $84,002. Buyers retained control on Saturday as BTC registered a marginal increase and moved to $84,398. However, it was back in the red on Sunday, dropping over 2% to $82,611.
The current week started on a positive note as BTC registered an increase of almost 2% and settled at $84,017. BTC plunged to an intraday low of $81,171 on Tuesday as bearish sentiment intensified. However, it recovered from this level to settle at $82,728, ultimately registering a drop of 1.53%. The current session sees BTC up over 1% and trading at $83,662.
Ethereum (ETH) Price Action
Ethereum (ETH) began the weekend positively, rising 2.54% on Friday and moving to $1,912. Buyers retained control on Saturday as the price moved to $1,938 after an increase of 1.35%. However, ETH lost momentum after reaching this level and dropped almost 3% on Sunday, slipping below $1,900 and settling at $1,888. ETH started the current week positively, with the price rising over 2% and settling at $1,927. The price faced volatility on Tuesday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand, and ETH registered a marginal increase and settled at $1,933. The current session sees ETH up nearly 4% as it looks to move past $2,000.
Dogecoin (DOGE) Price Action
Dogecoin (DOGE registered a notable increase on Friday, rising over 4% and settling at $0.171. Buyers retained control on Saturday as the price rose to $0.175. However, it was back in the red on Sunday, dropping 4.44% and settling at $0.167. The current week started positively, as DOGE rose 3.34% and settled at $0.173. It lost momentum on Tuesday, falling 3% and settling at $0.168 but not before hitting an intraday low of $0.162. The current session sees DOGE marginally up and trading at $0.169.
Will Husky Inu (HINU) Surge Upon Listing?
With most altcoins trading around their all-time highs, investors are looking for alternative investment opportunities to profit from the bull run. Husky Inu (HINU) presents precisely that opportunity.
Husky Inu is the latest meme coin in the market and was created to bring more value and utility to token holders by leveraging the Solana blockchain. The project aims to create a supportive community, offering innovative features and enhanced rewards. The Husky Inu presale has been a resounding success, recently crossing the $730,000 milestone. The project is well on course to achieve its $1.2M presale target.
Husky Inu is working on offering several unique features that have helped generate substantial interest in the project. These include an Earn App and a Decentralized Exchange. The Earn App will reward users for interacting with the project and completing simple tasks, and the decentralized exchange will facilitate decentralized trading, improving utility and value for HINU token holders. It also boasts several unique features that set it apart from the competition, including a deflationary mechanism, capped token supply, quick transactions, and charity voting.
Join The Husky Inu Presale!
Husky Inu is getting closer to its presale target. You can still join the Husky Inu presale by following the steps below.
-
Connect a Wallet – Connect your wallet using the available options. If you encounter an issue, contact Husky Inu’s official Telegram channel.
-
Select Network – You can join the HINU presale on the Solana blockchain and purchase the token using the native currency or with BTC, ETH, BNB, LTC, DOGE, TRX, DASH, BCH, or USDT on Ethereum and Tron chains.
-
Buy The Tokens – Next, specify the amount of BTC, ETH, BNB, LTC, DOGE, TRX, DASH, BCH, or USDT you wish to trade for HINU and approve the transaction to purchase the token.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
