Recent Trends in Cryptocurrency Markets

Despite this, which altcoins have lost the most in the last hour? Let’s take a look at altcoins and then Bitcoin.

Top Falling Altcoins

Looking at the five altcoins that have recorded the most decline in the last hour, we see a predominance of meme coins. Two of the five altcoins are meme coins, with WIF leading the pack as one of March’s stars.

WIF’s trading volume over the last 24 hours was $826 million, while its overall volume was around $2.84 billion. However, it’s important not to overlook that WIF has seen an 18% increase in the last 24 hours.

RUNE is second on the list. Having made headlines over the past week, RUNE finds buyers in the $5.28 range after a 2.41% drop. Despite the recent decline, RUNE’s 24-hour increase of over 12% should not be overlooked by investors.

RUNE’s volume for the last 24 hours was $530 million, while its overall volume was at $1.76 billion.

XEC’s decline was around 2% but was lower compared to its competitors. XEC is trading in the $0.00005075 region after the recent drop.

DOGE’s market cap is at $22.2 billion, placing it eighth. DOGE’s 24-hour trading volume is also over $2.1 billion.

Finally, SUI is fifth on the list. After a 1.34% drop, SUI is priced at $1.32, ranking 57th in the market. SUI’s market cap continues to exceed $1.7 billion.

How Much is Bitcoin Now?

Minutes before the halving, BTC’s price had dropped to $63,000. It then experienced a recovery. However, according to the last hour’s data, BTC is currently finding buyers at $63,500.

During this period, BTC’s market cap has remained over $1.25 trillion while its trading volume has dropped to $48.6 billion. Geopolitical events and miner activities post-halving could lead to significant movements in Bitcoin in the coming days.

Additionally, movements in Bitcoin could also significantly impact altcoins, a reminder beneficial for investors.

The post first appeared on COINTURK NEWS: Recent Trends in Cryptocurrency Markets