Shiba

Ethereum

Cryptocurrency

FLOKI

Shiba Inu

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/exploring-the-surge-in-turkish-cryptocurrency-trade" rel="noopener noreferrer nofollow">Exploring the Surge in Turkish Cryptocurrency Trade</a><br></p>
<p style="text-align: justify">The Turkish cryptocurrency market has recently seen a significant uptick in trading volumes, with Bitcoin achieving an unprecedented price of $72,800, an early peak before the expected halving event. This bullish trend has sparked both excitement and wariness among traders. An analysis of 24-hour trade volumes from 21milyon.com highlights the cryptocurrencies that are drawing the most interest from Turkish investors.</p>
<h2 id="top-traded-cryptocurrencies-in-turkey">Top Traded Cryptocurrencies in Turkey</h2>
<p style="text-align: justify">The overall trading volume for cryptocurrencies in Turkey surpassed $1.3 billion in the past day, signaling strong investor enthusiasm amid price surges. AMP cryptocurrency leads with a 5.57 billion TL volume, reflecting a notable 220% price increase. Meme coin FLOKI follows, delighting traders with an eightfold value rise within a month, while <a href="https://en.bitcoinhaber.net/the-evolution-of-tether-a-story-of-innovation-resilience-and-determination" rel="noopener noreferrer nofollow">Tether</a> (<a href="https://en.bitcoinhaber.net/tether-and-bitfinex-take-steps-towards-transparency-and-reserve-confidence" rel="noopener noreferrer nofollow">USDT</a>) and Ripple (<a href="https://en.bitcoinhaber.net/bitcoin-breaks-new-record-while-ethereum-hits-2024-peak" rel="noopener noreferrer nofollow">XRP</a>) take the third and fourth spots, respectively.</p>
<p style="text-align: justify">The stablecoin Tether reached a 3.2 billion TL trade volume, and XRP, after climbing above $0.7 with a 9% gain, saw Turkish traders generate a 2.7 billion TL volume.</p>
<h2 id="additional-cryptocurrency-trade-insights">Additional Cryptocurrency Trade Insights</h2>
<p style="text-align: justify">Surprisingly, Bitcoin, despite its record price, ranks sixth among the most traded cryptocurrencies in Turkey, with a volume of 2.22 billion TL. XCN coin captures the fifth spot, AVAX takes seventh with a recent 20% jump in price, and PEPE follows closely in eighth place.</p>
<p style="text-align: justify">Shiba Inu and Ethereum round out the ninth and tenth positions, with SHIB experiencing a 265% increase over the past month and Ethereum maintaining its status as a key altcoin with a trading volume of 825 million TL.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/exploring-the-surge-in-turkish-cryptocurrency-trade" rel="noopener noreferrer nofollow">Exploring the Surge in Turkish Cryptocurrency Trade</a></h5>

Exploring the Surge in Turkish Cryptocurrency Trade

Table of Contents

BH NEWS

Other articles published on Mar 12, 2024

X’s scam epidemic drains users’ wallets of $104M – Are you safe?

Solana (SOL) Price Prediction for March 12

Bitcoin Cash (BCH) Whale Picks DeeStream (DST) Over Frog Wif Hat (FWIF) Amid USD Coin (USDC) & Da...

Nibiru Chain Debuts Public Mainnet Along with Four Major Exchange Listings (12 Mar)

Chainlink Down More Than 4% Within 24 hours

Why this exec thinks $1M for Bitcoin ‘was already decided’

Join our free newsletter for daily crypto updates!