Ethereum

Shiba

Cryptocurrency

Shiba Inu

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-faces-downturn-due-to-iran-israel-tensions/" data-wpel-link="internal">Cryptocurrency Market Faces Downturn Due to Iran-Israel Tensions</a> 
The ongoing tensions between Iran and Israel continue to exert selling pressure on the cryptocurrency market. Recently, <a href="https://en.coin-turk.com/bitcoin-price-drops-analysts-and-reports-speak-to-investors-heres-what-you-need-to-know/" data-wpel-link="internal">Bitcoin</a> (BTC) fell below the $63,000 mark while Ethereum (ETH) approached the $3,000 threshold. Significant declines are also observed in other leading altcoins such as Cardano (<a href="https://coin-turk.com/cardano-ada-gelecegi-tahmin-algoritmalari-fiyat-degisiklikleri-uzerine-iddiali" data-wpel-link="internal">ADA</a>), Solana (SOL), and XRP. 
<h2 style="text-align: justify" id="strong-continued-decline-in-bitcoin-strong">Continued Decline in Bitcoin</h2> 
The largest cryptocurrency, Bitcoin, is currently trading at $62,619, marking a 3.75% decrease over the last 24 hours. Despite the price drop, the trading volume has increased by 6.25% to $45 billion during the same period, with a market value of $1.23 trillion. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-340526" src="https://coin-turk.com/wp-content/uploads/2024/04/Bitcoin-Fiyat.jpg" alt="" width="1624" height="792"> 
Experts suggest that Bitcoin’s decline could continue to the $60,000-$58,000 range, and the price might rebound from this threshold. However, the primary determinant will be the intensity of the Iran-Israel tensions. 
<h2 style="text-align: justify" id="strong-current-state-of-the-altcoin-market-strong">Current State of the Altcoin Market</h2> 
Ethereum, a leading indicator in the <a href="https://coin-turk.com/polkadot-dot-yoneticisinden-son-donemde-populer-kripto-para-trendine-karsi-uyari" data-wpel-link="internal">altcoin</a> market, has seen a 3.26% decrease over the last 24 hours, trading just above the $3,000 mark at $3,068. Data shows that Ethereum’s market value is currently $364.8 billion, with a 2.92% increase in trading volume reaching $22.78 billion. 
Meanwhile, <a href="https://en.coin-turk.com/binance-announces-closure-of-bnb-beacon-chain-and-migration-to-bnb-smart-chain/" data-wpel-link="internal">Binance</a>‘s altcoin, <a href="https://en.coin-turk.com/hacker-loses-assets-worth-50-million-after-600-million-bnb-heist/" data-wpel-link="internal">BNB</a> (BNB), has fallen 4.69% to $538.63, though its trading volume has increased by 3.12% to $1.51 billion. Solana has lost momentum amid the general market downturn, dropping 10.52% to $132.94, with a 38.34% decrease in trading volume to $6.06 billion. XRP‘s trading volume has fallen by 47.90% to $2.29 billion, with a price drop of 2.78% below the $0.50 mark. Additionally, Cardano‘s price has decreased by 2.17% to $0.4551, with a significant 35.95% drop in trading volume to $835.75 million. 
With major altcoins melting down, the memecoin market has also experienced deep losses. The largest memecoin, <a href="https://coin-turk.com/memecoin-denilince-tum-ekosistem-gozunu-bu-altcoine-ceviriyor-peki-yukselmesi-mumkun-mu" data-wpel-link="internal">Dogecoin</a> (DOGE), is trading at $0.1535, down 3.68% over the last 24 hours, followed by the second largest memecoin, Shiba Inu (SHIB), which has fallen 4.68% to a trading price of $0.00002128. Solana-based trend memecoin Pepe (PEPE) continues its downward trend, dropping 6.77% to $0.000004899 amid general market sell-offs. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-market-faces-downturn-due-to-iran-israel-tensions/" data-wpel-link="internal">Cryptocurrency Market Faces Downturn Due to Iran-Israel Tensions</a></h5>

Cryptocurrency Market Faces Downturn Due to Iran-Israel Tensions

Inhaltsverzeichnis

COINTURK NEWS

Weitere Artikel, die am 16. Apr. 2024 veröffentlicht wurden

Mengoptimalkan Portofolio Kripto: Mengungkap Strategi untuk Solana (SOL), Shiba Inu (SHIB), dan F...

South Korean exchanges navigate fee wars amidst market shifts

Koala Coin (KLC) Aligns with USD Coin’s (USDC) Steady Growth and Dogecoin’s (DOGE) Surge to Solid...

AGIX, FET, and OCEAN Merge in $7.5 Billion ASI Alliance

Best Meme Coins To Buy Monday, April 16 – Fronk, Neko, DeFrogs, Dogeverse

Mike Novogratz Issues Crucial Warning on Impending 'Debt Death Spiral'

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!