Bitcoin

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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/current-state-of-bitcoin-and-altcoins-2/" data-wpel-link="internal">Current State of Bitcoin and Altcoins</a> 
After the bull run of cryptocurrencies in 2021, things took a turn and 2022 was a dreadful year. By the end of 2022, the price of BTC had nearly hit $15,000. Since then, the price began to recover, reaching a peak again on March 5, 2024, but not everything went as hoped. 
<h2 style="text-align: justify" id="latest-update-on-bitcoin-and-altcoins">Latest Update 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> soared to a full $69,000. That’s when things started to reverse. From that point, 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 indicating a 4% decline at the time of writing. Following this period, the market capitalization also saw a sharp fall, sitting just above $1.2 trillion. BTC’s 24-hour volume was approximately up by 38%, exceeding $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/the-potential-impact-of-spot-bitcoin-etfs-on-the-market/" data-wpel-link="internal">Bitcoin</a> within the top 10 was the king of altcoins, Ethereum. Anticipated innovations may have influenced this situation. 
ETH’s price appeared to have only a 0.32% decrease in the last 24 hours. Following the drop, its price was at $3,665. 
Looking at other altcoins, XRP dropped by 5.6%, retreating to $0.5980 levels and currently below the $0.6 region. SOL, one of the most talked-about altcoins recently, is trading at $126, down by 1.72%. 
Another strong player in the market, <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%, finding buyers at the $0.7000 level. 
Taking a closer look at meme coins, SHIB and <a href="https://en.coin-turk.com/dogecoins-social-dominance-and-price-prospects/" data-wpel-link="internal">DOGE</a> are seeing a decline for the first time in days. SHIB has fallen to the 10th spot in market cap rankings, with its price down by 6.1% to $0.000034. DOGE faced an even larger drop, nearly 9%, trading at $0.1618. 
<h2 style="text-align: justify" id="altcoins-defying-the-market-downturn">Altcoins Defying the Market Downturn</h2> 
Despite Bitcoin’s decline, some altcoins moved against the market trend, pleasing investors. WIF, announced to be listed by <a href="https://en.coin-turk.com/latest-developments-in-binance-case-former-compliance-director-fined-1-5-million/" data-wpel-link="internal">Binance</a> yesterday, saw a 28% increase in the last 24 hours, trading at $1.82. WIF’s rise positioned it as today’s most notable altcoin among meme coins. 
STRK, labeled as one of the biggest flops in recent weeks, also defied the market, gaining 11.43% and trading at $2.33. 
Following the announcement of Do Kwon’s appeal decision yesterday, LUNC price surged over 11% in the last 24 hours, settling in the $0.0002123 region, making it the second-highest gainer of the day among altcoins. 
Lastly, things looked promising for Uniswap’s native token UNI, which recently introduced a reward mechanism. UNI’s price, with a 9.87% rise in the last 24 hours, continues to hold strong at $14.4. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/current-state-of-bitcoin-and-altcoins-2/" data-wpel-link="internal">Current State of Bitcoin and Altcoins</a></h5>

Current State of Bitcoin and Altcoins

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