Bitcoin Cash

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Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-soars-to-64000-as-altcoins-rally/" data-wpel-link="internal">Bitcoin Soars to $64,000 as Altcoins Rally</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/bitcoin-price-rises-by-5-5-in-the-last-24-hours/" data-wpel-link="internal">Bitcoin</a>‘s price witnessed an incredible surge last week, reaching the $64,000 level after a remarkable period. It then slightly retreated and started trading around the $62,000 level after regaining some ground. On the other hand, altcoins such as <a href="https://en.coin-turk.com/bitcoin-mining-hashrate-is-increasing-can-it-be-a-bull-indicator/" data-wpel-link="internal">DOGE</a>, SHIB, BCH, UNI, <a href="https://coin-turk.com/039-dolar-bu-altcoin-icin-sasirtici-olmayabilir" data-wpel-link="internal">ADA</a>, and others continued their bull run, buoyed by substantial gains.</p> 
<h2 style="text-align: justify" id="is-it-altcoin-season">Is It Altcoin Season?</h2> 
<p style="text-align: justify">In the past week, there has been speculation that altcoins, which have recently outperformed Bitcoin, could face a potential price explosion and trigger the next altcoin surge. This prediction has come true for some of the mentioned altcoins in the last 24 hours.</p> 
<p style="text-align: justify">Cardano, Polkadot, <a href="https://coin-turk.com/chainlink-link-fiyati-son-22-ayin-en-yuksek-seviyesine-ulasti-neler-oluyor" data-wpel-link="internal">Chainlink</a>, Polygon, Litecoin, and Ripple are just a few altcoins that have experienced notable increases. The rise in these example altcoins ranged between 6% and 10%.</p> 
<p style="text-align: justify">Even more impressive price surges have occurred in the two largest meme coins. DOGE rose by 20% towards the $0.15 level, while SHIB saw a 70% increase, climbing above $0.000021.</p> 
<p style="text-align: justify">Bitcoin Cash also enjoyed an increase of more than 25% in value, pleasing its investors. Following the price surge, BCH continues to trade close to the $400 level at the time of writing. During this period, UNI and ETC also stood out in the crypto world with their gains.</p> 
<p style="text-align: justify">Thus, alternative coins have managed to reduce <a href="https://en.coin-turk.com/bitcoin-experiences-volatility-amid-spot-etf-talks-and-upcoming-halving/" data-wpel-link="internal">BTC</a>‘s dominance over them. Over a few days, there was a 5% increase, and the metric, which reached a two-month peak of 51%, has now fallen below 50% according to CoinGecko data. The total value of the cryptocurrency market is currently at the $2.5 trillion level.</p> 
<h2 style="text-align: justify" id="bitcoin-stabilizes-at-62-000">Bitcoin Stabilizes at $62,000</h2> 
<p style="text-align: justify">Bitcoin went through an incredible week of price movements. The whole event started after a quiet weekend where the price was stuck at $51,000 on Monday. From that moment, the bulls took control and propelled BTC into an upward trajectory, causing the price to surge by thousands of dollars.</p> 
<p style="text-align: justify">By Tuesday and Wednesday, Bitcoin was just below the $60,000 level. The price soon surpassed this level and on Wednesday moved to the highest point in the last 26 months, reaching $64,000.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-322084" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-coin-turk-com.png" alt="" width="1567" height="891"></p> 
<p style="text-align: justify">Immediately after touching the $64,000 level, the price entered a period that brought it down by $5,000 within minutes. However, in the following minutes, most of the losses were nearly recovered. Since that day, BTC’s price movement has calmed down somewhat and is trading at $62,000 at the time of writing.</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/bitcoin-soars-to-64000-as-altcoins-rally/" data-wpel-link="internal">Bitcoin Soars to $64,000 as Altcoins Rally</a></h5>

Bitcoin Soars to $64,000 as Altcoins Rally

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