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When the Bitcoin 
$107,086 price reached its ATH on March 14, no one expected it to happen so soon. The price surged to $73,750, triggering an altcoin rally, but many did not reach their ATH. After this rise in BTC, a sharp decline followed, and the price dropped to $48,800 on August 4 due to a major crash in the Japanese economy. Subsequently, BTC continued to experience volatile price movements, and things still seem not to be going well.
1 BTC to USD?
About two weeks ago, things started to go wrong for Bitcoin again. During this period, the price reached $65,000 and then sharply declined, falling below $54,000 after a prolonged decline. Although it recovered slightly afterward, it continues to worry investors.
Nevertheless, on Sunday, BTC’s price showed a positive momentum, reaching $54,407 after a 0.5% increase. Due to this rise, the market cap remained above $1 trillion, maintaining this important level.
However, the trading volume dropped by 64%, indicating that the strength of investors taking advantage of the decline might be exhausted. A decrease in the number of investors and interest could lead to a slight stagnation in the price.
Current Status of Altcoins
After analyzing Bitcoin, attention turned to altcoins, where stagnant price movements were also observed. First, looking at Ethereum 
$2,498, the most voluminous altcoin in the market, it showed a 0.6% increase, trading at $2,286.
Despite recent news about CZ, BNB’s closest competitor, the rise continues. The increase reached 1.37% today, with BNB trading at $498. Solana, the star of 2023 and the first quarter of 2024, also shows a positive outlook today. SOL is trading at $128 after a 1% increase.
DOGE was the top gainer among the top 10 cryptocurrencies today. DOGE is trading at $0.0945 after a 2.45% increase, but investors are still worried as it hasn’t reclaimed $0.010. Lastly, TON, one of the most talked-about projects of 2024, fell to $4.72, losing its place in the top 10.
