FOMC

Bitcoin

FLOKI

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/fomc-meeting-drives-market-activity/" data-wpel-link="internal">FOMC Meeting Drives Market Activity</a><br></p>
<p style="text-align: justify">The upcoming FOMC meeting and <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rate</a> decision in the US are causing market activity. Bitcoin’s price recently dropped below $67,000, touching $66,120 before recovering to $67,300. While Bitcoin’s price remains volatile, movements in some altcoins have also caught attention. Let’s examine what’s happening with <a href="https://en.coin-turk.com/ripples-market-outlook-amidst-altcoin-declines/" data-wpel-link="internal">XRP</a>, Floki, and AVAX, which have been popular among investors.</p> 
<h2 style="text-align: justify" id="xrp-analysis">XRP Analysis</h2> 
<p style="text-align: justify">XRP, at the center of the ongoing lawsuit between Ripple and the SEC for over three years, has seen its price suppressed for a long time.</p> 
<p style="text-align: justify"><strong>SEC’s</strong> pressure on the company and the lawsuit processes, along with the company’s monthly multi-million dollar sales, are considered major obstacles to the price returning to $1.</p> 
<p style="text-align: justify">Last summer, XRP nearly returned to $1 following a partial victory in the lawsuit, but later fell back to around $0.50, the level where the rise had started.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-361443" src="https://coin-turk.com/wp-content/uploads/2024/06/xrp-yorum-coin-turk-com.png" alt="" width="2433" height="1145"></p> 
<p style="text-align: justify">Recent analysis shows that after a 3% drop in the last 24 hours, XRP is trading at $0.48. Following this drop, market cap fell to $26.6 billion, while trading volume increased by 35% to $1.5 billion.</p> 
<p style="text-align: justify">Company officials and the cryptocurrency community widely believe the lawsuit could conclude this year. Additionally, XRP, along with Solana, might enter the ETF race after Bitcoin and Ethereum.</p> 
<h2 style="text-align: justify" id="floki-coin-analysis">Floki Coin Analysis</h2> 
<p style="text-align: justify">In the meme coin world led by DOGE and SHIB, FLOKI has been steadily rising since last year. FLOKI gained attention with burn <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> and DWF Labs’ purchase decisions, positioning itself at the center of the rise along with PEPE.</p> 
<p style="text-align: justify">Today, FLOKI is trading at $0.0002372 after a 10% drop in the last 24 hours. Its market cap fell to $2.27 billion, placing it 45th in market cap rankings.</p> 
<p style="text-align: justify">FLOKI’s trading volume increased by 1% to $423 million, indicating that investors remain cautious about buying and selling.</p> 
<h2 style="text-align: justify" id="avax-coin-analysis">Avax Coin Analysis</h2> 
<p style="text-align: justify">AVAX, known as an Ethereum killer along with Solana, saw a sharp decline in 2022 after dominating the previous bull run. After the decline, AVAX recovered and ranked 12th in market cap.</p> 
<p style="text-align: justify">Today, AVAX is trading at $31.46 after a 2% drop in the last 24 hours. Its market cap also fell similarly to $12.3 billion.</p> 
<p style="text-align: justify">AVAX’s trading volume increased by 27% to $430.9 million in the last 24 hours, indicating intense AVAX trading activity in the market.</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/fomc-meeting-drives-market-activity/" data-wpel-link="internal">FOMC Meeting Drives Market Activity</a></h5>

FOMC Meeting Drives Market Activity

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