Cryptocurrency

Bitcoin

Shiba Inu

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-leads-a-significant-surge-in-the-cryptocurrency-market/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Leads a Significant Surge in the Cryptocurrency Market</a><br></p>
<p style="text-align: justify">Today, the <a href="https://en.coin-turk.com/when-will-the-bull-market-for-bitcoin-and-other-cryptocurrencies-end/" data-wpel-link="internal" rel="noopener noreferrer nofollow">cryptocurrency market</a>, led by Bitcoin (BTC), experienced a significant surge. BTC’s price surpassed the $69,000 level, increasing optimism among <a href="https://finance.coin-turk.com/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a> and creating a positive atmosphere for the market. Bitcoin’s performance showed an impressive increase; its price rose by 2.91% to $69,800. BTC’s market dominance rose to 55.55%, maintaining its leading position, while the total market value reached $1.36 trillion.</p>
<h2 style="text-align: justify" id="ethereum-and-solana-s-performance">Ethereum and Solana’s Performance</h2>
<p style="text-align: justify"><strong>Ethereum</strong> (ETH) also showed a notable increase following Bitcoin, with its price rising by 2.93% to $3.341,02. ETH’s trading range expanded from $3,201.76 to $3,354.63. This increase is associated with the launch of a new Ethereum-based ETF. However, Ethereum’s 24-hour trading volume decreased by 30.40% to $10.49 billion, indicating a possible consolidation phase. Ethereum’s market value rose to $401.86 billion.</p>
<p><img fetchpriority="high" decoding="async" class="wp-image-374645 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/bitcoin-19-1.jpg" alt="" width="740" height="415"></p>
<p style="text-align: justify">Solana (SOL) also showed a remarkable performance; its price increased by 4.30% to $192.34. SOL’s daily trading range expanded from $181.40 to $193.16.</p>
<h2 style="text-align: justify" id="movements-in-xrp-and-meme-coins">Movements in XRP and Meme Coins</h2>
<p style="text-align: justify"><strong>XRP</strong> rose by 1.07% to $0.6065. XRP’s trading range expanded from $0.597 to $0.6129. This increase indicates stable growth supported by ongoing developments and positive market sentiment. Additionally, the meme coin sector also saw gains; Dogecoin (DOGE) rose by 2.99% to $0.1339, and Shiba Inu (SHIB) increased by 1.02% to $0.00001719. Other meme coins like PEPE, WIF, and FLOKI also gained between 1% and 3%.</p>
<p style="text-align: justify">Overall, the cryptocurrency market experienced a strong upward trend due to significant price movements in major cryptocurrencies and increased investor confidence. The total value of the cryptocurrency market rose by 2.24% to $2.46 trillion, while the total market volume decreased by 33.38% to $48.85 billion. This indicates that the market is in a consolidation phase following recent gains.</p>
<p style="text-align: justify">This recent surge in the cryptocurrency market is closely related to Donald Trump’s speech at the Bitcoin Conference over the weekend. Trump’s praise and promises to the Bitcoin community seem to have generated excitement in the crypto <a href="https://newslinker.co/category/science/space/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">space</a>. If this enthusiasm continues, Bitcoin, the flagship of cryptocurrencies, is likely to see a new peak in its price.</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-leads-a-significant-surge-in-the-cryptocurrency-market/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Leads a Significant Surge in the Cryptocurrency Market</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-leads-a-significant-surge-in-the-cryptocurrency-market/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin Leads a Significant Surge in the Cryptocurrency Market</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Bitcoin Leads a Significant Surge in the Cryptocurrency Market

Table of Contents

COINTURK NEWS

Outros artigos publicados em 29 de jul. de 2024

Ripple Siap Buka 1 Milyar XRP Lagi pada 1 Agustus, Apa Dampaknya?

Why Donald Trump’s Bitcoin 2024 speech didn’t spark a rally

Bitcoin’s drop from $69.4k – Key levels and trends to watch this week!

Bitcoin Cash And Bitcoin SV Outpace King Crypto With 24-Hour Gains: What's Happening With These S...

Critical Trends and Levels to Monitor in Bitcoin’s Dive from $69.4K Peak

Peter Schiff Confronts Donald Trump And Michael Saylor's 'Never Sell Your Bitcoin' Strategy: 'Wha...

Join our free newsletter for daily crypto updates!