Bitcoin

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/current-status-of-bitcoin-and-altcoins/" data-wpel-link="internal">Current Status of Bitcoin and Altcoins</a> 
After the bull run of cryptocurrencies in 2021, things took a turn, and a dreadful 2022 ensued. As the calendars marked the end of 2022, the price of BTC was nearly $15,000. Since then, the price began to recover, reaching its peak again on March 5, 2024, but not everything went as hoped. 
<h2 style="text-align: justify" id="latest-on-bitcoin-and-altcoins">Latest on Bitcoin and Altcoins</h2> 
Following the year 2021, a historic moment occurred in cryptocurrencies, and the price of <a href="https://coin-turk.com/bitcoin-btc-ve-altcoinler-kan-kaybediyor-kripto-paralarda-dusus-neden-durmadi" data-wpel-link="internal">Bitcoin</a> surged to a full $69,000. That’s when things started to reverse. From that point on, BTC experienced a significant drop, plunging nearly to $59,000 in the following hours. 
The price later recovered to $64,575 but the market was still indicating a decline of about 4% at the time of writing. Following this period, the market capitalization also saw a sharp drop and was just above $1.2 trillion. The 24-hour volume of BTC was approximately 38% higher, at over $99 billion. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-323536" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-fiyati-coin-turk-com.png" alt="" width="1567" height="891"> 
On the other hand, looking at the market’s high-volume altcoins, the only one showing resistance to <a href="https://en.coin-turk.com/surge-in-bitcoin-whales-analyst-ali-martinez-highlights-key-increase/" data-wpel-link="internal">Bitcoin</a> within the top 10 was the king of altcoins, Ethereum. Many anticipated innovations could have influenced this issue. 
ETH’s price only saw a decrease of 0.32% in the last 24 hours, with its price at $3,665 thereafter. 
Looking at other altcoins, XRP‘s price fell by 5.6%, retreating to $0.5980 levels and currently appears below the $0.6 region. SOL, one of the most talked-about altcoins of recent times, is trading at $126, down 1.72%. 
Another strong altcoin, <a href="https://coin-turk.com/cardano-ada-yatirimcilarinin-ofkesi-artiyor-4-milyar-ada-tehdidi-her-seyi-bitirebilir" data-wpel-link="internal">ADA</a>, experienced a sharp decline of over 6% and is finding buyers at the $0.7000 level. 
Taking a closer look at meme coins, SHIB and <a href="https://en.coin-turk.com/netflix-producer-carl-erik-rinsch-faces-legal-battle-after-failed-project-and-dogecoin-transactions/" data-wpel-link="internal">DOGE</a> are seen in decline for the first time in days. SHIB has fallen back to 10th place in market cap rankings, with its price down 6.1% to $0.000034. DOGE faced an even larger drop, down nearly 9% to $0.1618. 
<h2 style="text-align: justify" id="altcoins-defying-the-market-downturn">Altcoins Defying the Market Downturn</h2> 
Despite Bitcoin’s drop, some altcoins moved against the market trend, pleasing investors. WIF, announced to be listed by <a href="https://en.coin-turk.com/binance-ceo-cz-weve-shared-for-the-first-time-we-will-do-this-regularly/" data-wpel-link="internal">Binance</a> yesterday, saw a 28% increase in the last 24 hours, trading at $1.82. WIF’s rise positions it as today’s most notable altcoin among meme coins. 
Described as one of the biggest fiascos of recent weeks, STRK also moved against the market, rising 11.43% to $2.33. 
Following the announcement of Do Kwon’s appeal decision, the price of LUNC rose over 11% in the last 24 hours, settling in the $0.0002123 region, making it the second-highest gainer of the day. 
Lastly, things seemed to be going well for the native token of Uniswap, which recently introduced a reward mechanism. UNI’s price, with a 9.87% increase in the last 24 hours, continues its solid stance at $14.4. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/current-status-of-bitcoin-and-altcoins/" data-wpel-link="internal">Current Status of Bitcoin and Altcoins</a></h5>

Current Status of Bitcoin and Altcoins

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