Bitcoin

Momentum

when

Rise

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-reaches-new-highs-as-market-momentum-grows/" data-wpel-link="internal">Bitcoin Reaches New Highs as Market Momentum Grows</a><br></p>
<p style="text-align: justify">In the final months of 2023, <a href="https://en.coin-turk.com/the-current-state-of-long-positions-in-bitcoin/" data-wpel-link="internal">Bitcoin</a> continued its sharp rise, but after an ETF decision, the wind shifted, and the price plummeted from $49,000 to $38,500. However, <a href="https://en.coin-turk.com/expert-name-expresses-his-opinion-bitcoin-direction-25000-or-30000/" data-wpel-link="internal">BTC</a> recovered and has since hosted a surge not seen for a long time. In recent days, the BTC price exceeded $64,270 before experiencing a slight pullback.</p> 
<h2 style="text-align: justify" id="bitcoin-s-incredible-surge">Bitcoin’s Incredible Surge</h2> 
<p style="text-align: justify">Last week’s incredible surge in Bitcoin’s price captivated the entire market. The rise peaked at $64,270 before quickly dropping to $59,500. In the following days, the price consolidated between $61,000 and $62,500, with funds shifting towards altcoins.</p> 
<p style="text-align: justify">On the night of March 4th, Bitcoin’s price once again surpassed $64,000 but then pulled back once more. As of this writing, BTC’s price has exceeded this level again, reaching a new yearly high of $64,300.</p> 
<p style="text-align: justify">On the other hand, in the BTC TRY pair, the price exceeded 2,000,000 Turkish Lira. Following this surge, there are already speculations about whether the price will rise again to $69,000 or even $100,000.</p> 
<p style="text-align: justify">At the moments when the price returned above $64,000, BTC’s market cap also increased by 3.9%, exceeding $1.25 billion. The trading volume saw a 62% increase, settling back over $35 billion.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-322566" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-try.png" alt="" width="1835" height="891"></p> 
<h2 style="text-align: justify" id="the-rise-of-meme-coins">The Rise of Meme Coins</h2> 
<p style="text-align: justify">Meanwhile, meme coins continue their rapid ascent. FLOKI’s price increased by over 24%, reaching $0.0001555 with a market cap surpassing $1.4 billion. However, strangely, the trading volume decreased by 14%, falling to $1.15 billion, which could indicate waning investor interest.</p> 
<p style="text-align: justify">PEPE’s price jumped by 67%, reaching $0.000006654, with its market cap nearing $3 billion. Lastly, looking at <a href="https://en.coin-turk.com/shiba-inu-shibburn-reveals-realistic-stats-on-shib-burn-campaign/" data-wpel-link="internal">SHIB</a>, the meme coin’s price increased by 31% to $0.00002644, continuing to please 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-reaches-new-highs-as-market-momentum-grows/" data-wpel-link="internal">Bitcoin Reaches New Highs as Market Momentum Grows</a></h5>

Bitcoin Reaches New Highs as Market Momentum Grows

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