Bitcoin

<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-significant-price-movements/" data-wpel-link="internal">Bitcoin and Altcoins Experience Significant Price Movements</a><br></p>
<p style="text-align: justify">In the past day, following the release of the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">Fed</a> minutes and Jerome Powell’s statements in the evening, there was a sharp rise in cryptocurrencies. A general upward trend was observed in the market, especially for Bitcoin. However, it was also noteworthy that one altcoin within the top 10 experienced a decline. As Bitcoin’s price touched $65,000, let’s take a look at the latest situation in cryptocurrencies at the beginning of the weekend.</p> 
<h2 style="text-align: justify" id="what-is-the-bitcoin-price">What is the Bitcoin Price?</h2> 
<p style="text-align: justify">After the Bitcoin drop at the beginning of the week, prices showed a recovery with <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">the announcement</a> of the Fed minutes. In recent weeks, the BTC price had been stuck between $58,000 and $60,000, and in a broader perspective, between $61,000 and $50,000.</p> 
<p style="text-align: justify">The outlook changed mid-week and took on a completely different dimension after Jerome Powell’s statement last evening.</p> 
<p style="text-align: justify">Today, the BTC outlook indicated a positive situation in the indicators. BTC price rose by 5.15% in the last 24 hours. With the rise, BTC is seen finding buyers above $64,000. Along with the price increase, the market cap also rose above $1.263 trillion again.</p> 
<p style="text-align: justify">BTC’s 24-hour trading volume also showed a noticeable increase. The trading volume exceeded $36 billion seen during the week and, after a 67% rise today, settled above $43 billion.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-382857" src="https://coin-turk.com/wp-content/uploads/2024/08/btc-gorunum-xrp-eth-sol-coin-turk-com.png" alt="" width="1232" height="727"></p> 
<h2 style="text-align: justify" id="which-altcoins-rose">Which Altcoins Rose?</h2> 
<p style="text-align: justify">After Bitcoin, attention turned to its closest follower, Ethereum. ETH price rose by 3.14% in the last 24 hours, climbing back above $2,700. This rise also pushed the 7-day price movement upwards to 5.94%.</p> 
<p style="text-align: justify">Binance’s native token BNB, the third largest by volume in the <a href="https://en.coin-turk.com/poloniex-reveals-resumption-of-services-and-upcoming-airdrop-following-hack/" data-wpel-link="internal">crypto market</a> (excluding stablecoins), was the only notable altcoin to experience a drop today. BNB’s price movement in the last 24 hours was a 0.72% drop, finding buyers around the $578 region.</p> 
<p style="text-align: justify">SOL, one of the most talked-about altcoins in the crypto world, also showed a dominant rise today. SOL rose by 5.97% in 24 hours, climbing back above $150 to reach $154.46.</p> 
<p style="text-align: justify">XRP, one of the biggest uncertainties due to ongoing lawsuits, once again surpassed $0.60 and is finding buyers at $0.6086.</p> 
<p style="text-align: justify">TON coin, which has been experiencing declines for days, rose by 1.70% and is once again moving towards $7. As of the time of writing, TON is trading around $6.69. DOGE moved away from the $0.10 resistance to $0.1127, while TRX, after a 20.73% rise throughout the week, is at $0.1627.</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-significant-price-movements/" data-wpel-link="internal">Bitcoin and Altcoins Experience Significant Price Movements</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-and-altcoins-experience-significant-price-movements/" data-wpel-link="internal">Bitcoin and Altcoins Experience Significant Price Movements</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin and Altcoins Experience Significant Price Movements

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