Bitcoin

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-and-altcoins-experience-price-fluctuations-4/" data-wpel-link="internal">Bitcoin and Altcoins Experience Price Fluctuations</a><br></p>
<p style="text-align: justify">After cryptocurrencies surpassed the $61,000 level yesterday, they couldn’t maintain their position in this region. The price drop raises the question of whether the price movement that occurred last week at $48,800 will repeat, while the price fluctuations continue to frustrate <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. Let’s take a look at how Bitcoin and major altcoins started the day following the expected inflation <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> from the US yesterday afternoon.</p> 
<h2 style="text-align: justify" id="what-is-the-price-of-bitcoin">What is the Price of Bitcoin?</h2> 
<p style="text-align: justify">Following the significant price crash last week, the drop in Bitcoin’s price had worried its investors, and in the following days, BTC’s price had fallen to $48,800 as reflected in the charts. After a few days, BTC’s price returned to $60,000, but the price continued to fluctuate constantly in this region.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-379997" src="https://coin-turk.com/wp-content/uploads/2024/08/btc-15-agust-coin-turk-com.png" alt="" width="1519" height="795"></p> 
<p style="text-align: justify">Following all these price movements, BTC continued to fluctuate rapidly between $62,000 and $58,000. While BTC was above $61,000 yesterday morning, today it is experiencing a decline.</p> 
<p style="text-align: justify">In the last 24 hours, BTC’s price, which clearly indicates a decline, has fallen by 4.39%, and the price is reflected in the charts as $58,471. The price drop also caused the market cap to fall below $1.2 trillion again, and it is now around $1.154 trillion. The 24-hour trading volume increased from $29.1 billion yesterday to $31.7 billion, indicating that investors might be eager to buy at lower prices.</p> 
<h2 style="text-align: justify" id="current-status-of-altcoins">Current Status of Altcoins</h2> 
<p style="text-align: justify">Altcoins were seen to be affected by BTC’s decline. Ethereum’s better performance than BTC throughout the week had pleased its investors, but today it also experienced a decline as reflected in the charts.</p> 
<p style="text-align: justify">Despite ETH’s price dropping by 2.40% today to $2,654, it was still stronger than BTC. After two days of increase, ETH’s market cap fell to $319 billion following today’s decline. The 24-hour trading volume rose to $16 billion, indicating investor interest.</p> 
<p style="text-align: justify">Among the altcoins standing strong against BTC, BNB was leading. BNB’s price fell from $526.9 to $522.29, a drop of only $4. Solana, which made a mark last year, was also seen holding its ground in the market. Solana’s price, after a mere 0.34% drop, found buyers at $145.08.</p> 
<p style="text-align: justify">In recent days, <a href="https://en.coin-turk.com/ripples-ongoing-legal-battle-with-sec/" data-wpel-link="internal">XRP</a>, which had risen above $0.60, found buyers at $0.5722 after a 1.16% drop in the last 24 hours, keeping the question of when the price will reach $1 alive.</p> 
<p style="text-align: justify">On the Binance side, TON, which has been mentioned with various developments for days, was once again the winner of the day. TON was the only cryptocurrency among the top 10 to rise. In the last 24 hours, TON’s price increased by 3.77%, rising to $6.76 and moving towards $7, pleasing its investors. Lastly, DOGE, at the top of the meme coins, found buyers at $0.1027 after a 3.31% price drop, approaching the $0.10 support, which continues to worry its investors.</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/bitcoin-and-altcoins-experience-price-fluctuations-4/" data-wpel-link="internal">Bitcoin and Altcoins Experience Price Fluctuations</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-and-altcoins-experience-price-fluctuations-4/" data-wpel-link="internal">Bitcoin and Altcoins Experience Price Fluctuations</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin and Altcoins Experience Price Fluctuations

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