Shiba

Rally

Bitcoin

PEPE

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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-surpasses-66000-as-altcoins-rally/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surpasses $66,000 as Altcoins Rally</a><br></p>
<p style="text-align: justify">The <a href="https://en.coin-turk.com/analysts-warning-about-stablecoin-in-crypto-markets/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency</a> king, Bitcoin (BTC) , has surpassed the $66,000 mark as of the writing of this article. This recent surge is significant for altcoins, signaling the potential end of a two-quarter slump. Following a quick drop to $53,000 after a previous attempt to break through $65,000, altcoins experienced losses exceeding 20%. However, contrary to this trend, today marks a resurgence.</p>
<h2 style="text-align: justify" id="bitcoin-btc-rises">Bitcoin (BTC) Rises</h2>
<p style="text-align: justify">For the first time in 58 days since July 31, BTC has tested the $66,000 level. As this article is being prepared, BTC hovers around $66,000, having shown positive movements from $57,255 and $53,000 levels for months. Despite exceeding $66,000, significant resistance levels remain at $68,300 and $71,550.</p>
<p style="text-align: justify"><img fetchpriority="high" decoding="async" class="size-full wp-image-392454 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/09/BTCUSDT_2024-09-27_17-17-34.png" alt="" width="1815" height="836"></p>
<p style="text-align: justify">The last three months of the year are typically viewed as a bullish period in cryptocurrency markets, prompting expectations of price increases as the final quarter approaches. Positive sentiment is further bolstered by the Federal Reserve’s anticipated interest rate cuts and the stabilization of recession fears.</p>
<h2 style="text-align: justify" id="leading-altcoins-of-the-day">Leading Altcoins of the Day</h2>
<p style="text-align: justify">As of this article, <a href="https://en.coin-turk.com/shiba-inus-rising-popularity-and-token-burn-surge/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Coin is up 25% at $0.0000214. DOGE has surpassed $0.12, indicating that investor appetite for altcoins is returning to significant levels. Over the last 24 hours, many of the top 100 cryptocurrencies have recorded double-digit gains, predominantly among meme coins.</p>
<ul style="text-align: justify">
 <li>SHIB 25%</li>
 <li>FLOKI 18%</li>
 <li>PEPE 18%</li>
 <li>W 16%</li>
 <li>BONK 14%</li>
 <li>ORDI 11%</li>
 <li>NOT 11%</li>
</ul>
<p style="text-align: justify">This week, the total market capitalization of cryptocurrencies rose from $2.22 trillion to $2.31 trillion, while BTC’s market dominance decreased to 56.3%. According to CMC data, the fear and greed index remains just above neutral at 54.</p>
<p style="text-align: justify">If BTC can maintain a strong position above $66,000 heading into the weekend, we may witness even more exciting <a href="https://en.coin-turk.com/exploring-recent-cryptocurrency-price-predictions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoin</a> rallies in the next 48 hours.</p>
<p>The post <a href="https://en.coin-turk.com/bitcoin-surpasses-66000-as-altcoins-rally/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Surpasses $66,000 as Altcoins Rally</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Bitcoin Surpasses $66,000 as Altcoins Rally

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