2024

Bitcoin

Toncoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-market-sees-recovery-after-bitcoin-dip/" data-wpel-link="internal">Crypto Market Sees Recovery After Bitcoin Dip</a><br></p>
<p style="text-align: justify">Developments in the <a href="https://en.coin-turk.com/analyst-michael-van-de-poppe-gives-insight-on-altcoins-and-bitcoin-trends/" data-wpel-link="internal">cryptocurrency market</a> continue. The recent drop in Bitcoin’s price caused panic in the market, but a recovery followed. Additionally, the total value of the cryptocurrency market increased by 2.9% in the last 24 hours, reaching $2.4 trillion. Meanwhile, some cryptocurrencies are approaching a market cap of $50 billion. We examined the current status of two of them for you.</p> 
<h2 style="text-align: justify" id="xrp-xrp">XRP (XRP)</h2> 
<p style="text-align: justify"><strong>XRP</strong> price has not reached $1 for a long time and has even remained below $0.50 recently. As of the time of writing, XRP is trading at $0.4777 after a 2.20% increase in the last 24 hours. However, it failed to break the resistance at $0.4820, pulling it below the critical $0.4750 level.</p> 
<p style="text-align: justify">On the other hand, it is worth noting that XRP fell to $0.4619 and then rose from that point. Recently, it has been breaking resistance levels at $0.4680 and $0.4720, showing signs of recovery.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-365104" src="https://coin-turk.com/wp-content/uploads/2024/06/xrp-gorunum-coin-turk-com.png" alt="" width="2072" height="117"></p> 
<p style="text-align: justify">The ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple continues to pressure XRP. However, a positive outcome from the lawsuit could support XRP’s rise.</p> 
<p style="text-align: justify">As of today, XRP’s market cap is $26.571 billion, keeping it far from the $50 billion mark. Nevertheless, a positive <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> from the lawsuit and a market rise focused on BTC could have a positive impact on XRP and support market growth.</p> 
<h2 style="text-align: justify" id="toncoin-ton">Toncoin (TON)</h2> 
<p style="text-align: justify">Following XRP, we examined Toncoin (TON), which showed a remarkable performance in 2024 and continues to do so. Before the recent fluctuations, TON’s value had reached a peak of $8.31 but then pulled back.</p> 
<p style="text-align: justify">As of the time of writing, TON is trading at $7.49 after a 1.49% increase in the last 24 hours, with a 7.60% increase over the past 7 days.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-365105" src="https://coin-turk.com/wp-content/uploads/2024/06/ton-coin-coin-turk-com.png" alt="" width="2063" height="108"><strong>TON’s</strong> market cap increased due to the price rise. According to the latest data, TON’s market cap has risen to $18.4 billion but still seems far from the $50 billion mark. The 24-hour trading volume was $333.7 million.</p> 
<p style="text-align: justify">The fact that TON and XRP are currently far from the $50 billion mark does not mean they cannot reach these levels. The high volatility inherent in cryptocurrencies has the potential to show <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> that these levels can be reached quickly.</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/crypto-market-sees-recovery-after-bitcoin-dip/" data-wpel-link="internal">Crypto Market Sees Recovery After Bitcoin Dip</a></h5>

Crypto Market Sees Recovery After Bitcoin Dip

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