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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/recent-trends-in-bitcoin-and-altcoin-markets/" data-wpel-link="internal">Recent Trends in Bitcoin and Altcoin Markets</a> 
After the bull run of cryptocurrencies in 2021, the market took a turn for the worse, experiencing a dreadful 2022. As the calendars marked the end of 2022, the price of BTC was nearly $15,000. Since then, the price began to recover, reaching a peak again on March 5, 2024, but not everything went as hoped. 
<h2 style="text-align: justify" id="current-state-of-bitcoin-and-altcoins">Current State of Bitcoin and Altcoins</h2> 
Following the year 2021 for cryptocurrencies, a historic moment occurred, and the price of <a href="https://coin-turk.com/bitcoin-btc-ve-altcoinler-kan-kaybediyor-kripto-paralarda-dusus-neden-durmadi" data-wpel-link="internal">Bitcoin</a> surged to a full $69,000. From that moment, the situation reversed. After this point, BTC experienced a significant drop, plunging nearly to $59,000 in the following hours. 
The price later recovered to $64,575, but the market was indicating a decline of about 4% at the time of writing. Following this period, the market capitalization also saw a sharp drop, hovering just above $1.2 trillion. BTC’s 24-hour volume was approximately 38% higher, exceeding $99 billion. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-323536" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-fiyati-coin-turk-com.png" alt="" width="1567" height="891"> 
On the other hand, looking at the market’s high-volume altcoins, the only altcoin within the top 10 showing resistance to <a href="https://en.coin-turk.com/strategic-insights-crypto-capos-analysis-on-bitcoins-market-and-key-levels-to-watch/" data-wpel-link="internal">Bitcoin</a> was none other than the king of altcoins, Ethereum. Many anticipated innovations may have influenced this issue. 
ETH’s price showed a mere 0.32% decrease over the last 24 hours, with its price standing at $3,665. 
Turning our attention to other altcoins, XRP‘s price fell by 5.6%, retreating to $0.5980 levels and currently appears to be below the $0.6 region. SOL, one of the most talked-about altcoins of recent times, is trading at $126, down 1.72%. 
Another strong altcoin, <a href="https://coin-turk.com/cardano-ada-yatirimcilarinin-ofkesi-artiyor-4-milyar-ada-tehdidi-her-seyi-bitirebilir" data-wpel-link="internal">ADA</a>, experienced a sharp decline of over 6% and is finding buyers at the $0.7000 level. 
Taking a closer look at meme coins, SHIB and <a href="https://en.coin-turk.com/bitcoin-stabilizes-while-altcoins-decline-dogecoin-faces-potential-loss-amid-sec-scrutiny/" data-wpel-link="internal">DOGE</a> are showing a decline for the first time in days. SHIB’s price has fallen by 6.1% to $0.000034, returning it to the 10th spot in market capitalization rankings. DOGE faced an even larger drop, nearly 9%, trading at $0.1618. 
<h2 style="text-align: justify" id="altcoins-defying-market-trends">Altcoins Defying Market Trends</h2> 
Despite Bitcoin’s decline, some altcoins moved against the market trend, pleasing investors. WIF, announced to be listed by <a href="https://en.coin-turk.com/binance-announces-full-support-for-airdao-amb-and-bitshares-bts-network-upgrades/" data-wpel-link="internal">Binance</a> yesterday, saw a 24-hour increase of 28%, trading at $1.82. WIF’s rise positioned it as today’s most notable altcoin among meme coins. 
STRK, described as one of the biggest flops of recent weeks, also defied the market, gaining 11.43% and trading at $2.33. 
Following the announcement of Do Kwon’s appeal decision yesterday, LUNC price surged over 11% in the last 24 hours, settling in the $0.0002123 region, making it the second-highest gainer of the day among altcoins. 
Lastly, things seem to be going well for Uniswap’s native token UNI, which introduced a reward mechanism recently. UNI’s price maintained a strong stance, rising 9.87% in the last 24 hours to $14.4. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/recent-trends-in-bitcoin-and-altcoin-markets/" data-wpel-link="internal">Recent Trends in Bitcoin and Altcoin Markets</a></h5>

Recent Trends in Bitcoin and Altcoin Markets

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