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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/recent-developments-and-expectations-in-the-cryptocurrency-market/" data-wpel-link="internal">Recent Developments and Expectations in the Cryptocurrency Market</a><br></p>
<p style="text-align: justify">We are now in the final week of the year for the <a href="https://en.coin-turk.com/bitcoin-rebounds-above-38k-a-positive-outlook-for-the-crypto-titan/" data-wpel-link="internal">Bitcoin</a> and altcoin market. As we approach the middle of the last week, it seems that Bitcoin and other leading cryptocurrencies have taken a break from their ongoing rise. Some retracements have been observed in cryptocurrencies. Let’s take a look at the state of the market as the day begins.</p> 
<h2 style="text-align: justify" id="current-situation-for-bitcoin-and-ethereum">Current Situation for Bitcoin and Ethereum</h2> 
<p style="text-align: justify">Bitcoin experienced a decline last evening. BTC fell to a level of $41,637, indicated by a candle signaling a rapid regression. Following this, a quick recovery in the price has BTC trading at $42,344 at the time of writing. The recent drop in BTC was around 2.7% over the last 24 hours.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="alignnone wp-image-294394 size-full" src="https://coin-turk.com/wp-content/uploads/2023/12/eth-cointurk-3.png" alt="" width="1486" height="856"></p> 
<p style="text-align: justify">Ethereum, considered the leader of altcoins, seems to be following Bitcoin’s path. Ethereum also experienced a pullback around the same time as BTC’s decline. The price fell to $2,178. Subsequently, with the recovery that occurred, the price reached $2,223. Ethereum’s decline was about 2.24% in the last 24 hours.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-294393 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/BTC-cointurk-4.png" alt="" width="1480" height="864"></p> 
<h2 style="text-align: justify" id="sharp-decline-in-altcoins">Sharp Decline in Altcoins</h2> 
<p style="text-align: justify">The recent rise in altcoins has been impacted by a slight pullback in BTC. <a href="https://en.coin-turk.com/cardano-price-drops-while-whales-accumulate-ada-tokens-worth-45-million/" data-wpel-link="internal">ADA</a>‘s price fell to $0.59. Solana, which has recently attracted attention with its increase and reached triple-digit values, fell by 8% to the $110 level.</p> 
<p style="text-align: justify">Similar to Solana, the cryptocurrency AVAX also experienced a decline. Accordingly, AVAX fell by 8% to a level of $43.1. It should be noted that AVAX dropped to $40.53 during last night’s volatile session.</p> 
<p style="text-align: justify">BNB, on the other hand, did not accompany yesterday’s decline, experiencing an increase in price following the Sleepless announcement. However, it should be noted that the price rose to $303 yesterday. Despite a slight pullback, BNB is currently trading at $290. The increase in BNB’s price over the last 24 hours is around 8%.</p> 
<h2 style="text-align: justify" id="what-are-the-market-expectations">What Are the Market Expectations?</h2> 
<p style="text-align: justify">After the recent rises in the cryptocurrency market, the optimistic atmosphere is expected to continue. The observed decline indicates the investors’ desire to take some profits.</p> 
<p style="text-align: justify">In the coming days, the continuation of gains is expected along with the excitement in the market. Additionally, the possibility of the SEC’s approval of a Bitcoin ETF remains one of the factors keeping the market lively.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/recent-developments-and-expectations-in-the-cryptocurrency-market/" data-wpel-link="internal">Recent Developments and Expectations in the Cryptocurrency Market</a></h5>

Recent Developments and Expectations in the Cryptocurrency Market

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