COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin and Altcoins Experience Significant Price Movements
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cryptocurrency News > Bitcoin and Altcoins Experience Significant Price Movements
Cryptocurrency News

Bitcoin and Altcoins Experience Significant Price Movements

In Brief

  • Bitcoin price touched $65,000 with a 5.15% rise in 24 hours.

  • ETH rose by 3.14%, climbing back above $2,700.

  • BNB experienced a 0.72% drop, trading around $578.

COINTURK NEWS
COINTURK NEWS 10 months ago
Share
SHARE

In the past day, following the release of the Fed minutes and Jerome Powell’s statements in the evening, there was a sharp rise in cryptocurrencies. A general upward trend was observed in the market, especially for Bitcoin. However, it was also noteworthy that one altcoin within the top 10 experienced a decline. As Bitcoin’s price touched $65,000, let’s take a look at the latest situation in cryptocurrencies at the beginning of the weekend.

Contents
What is the Bitcoin Price?Which Altcoins Rose?

What is the Bitcoin Price?

After the Bitcoin drop at the beginning of the week, prices showed a recovery with the announcement of the Fed minutes. In recent weeks, the BTC price had been stuck between $58,000 and $60,000, and in a broader perspective, between $61,000 and $50,000.

The outlook changed mid-week and took on a completely different dimension after Jerome Powell’s statement last evening.

Today, the BTC outlook indicated a positive situation in the indicators. BTC price rose by 5.15% in the last 24 hours. With the rise, BTC is seen finding buyers above $64,000. Along with the price increase, the market cap also rose above $1.263 trillion again.

BTC’s 24-hour trading volume also showed a noticeable increase. The trading volume exceeded $36 billion seen during the week and, after a 67% rise today, settled above $43 billion.

Which Altcoins Rose?

After Bitcoin, attention turned to its closest follower, Ethereum. ETH price rose by 3.14% in the last 24 hours, climbing back above $2,700. This rise also pushed the 7-day price movement upwards to 5.94%.

Binance’s native token BNB, the third largest by volume in the crypto market (excluding stablecoins), was the only notable altcoin to experience a drop today. BNB’s price movement in the last 24 hours was a 0.72% drop, finding buyers around the $578 region.

SOL, one of the most talked-about altcoins in the crypto world, also showed a dominant rise today. SOL rose by 5.97% in 24 hours, climbing back above $150 to reach $154.46.

XRP, one of the biggest uncertainties due to ongoing lawsuits, once again surpassed $0.60 and is finding buyers at $0.6086.

TON coin, which has been experiencing declines for days, rose by 1.70% and is once again moving towards $7. As of the time of writing, TON is trading around $6.69. DOGE moved away from the $0.10 resistance to $0.1127, while TRX, after a 20.73% rise throughout the week, is at $0.1627.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

The Spark That Ignites Cryptocurrency: Conflict Resolution Boosts Prices

Bitcoin Surges and Oil Dips: The Market Awaits a Turning Point

Geopolitical Tensions Impact Bitcoin Price and Market Predictions

The Excitement Sparks: Fed’s Potential July Rate Cut Announcement Energizes Crypto Markets

Cryptocurrencies Resurge as Global Tensions Wane

COINTURK NEWS 24 August, 2024 - 9:16 am 24 August, 2024 - 9:16 am
Share This Article
Facebook Twitter
Share
Previous Article Investors Anticipate Market Movements in September
Next Article Crypto Whales Influence Market with Strategic Altcoin Purchases
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

The Federal Reserve Removes Barriers to Cryptocurrency Services
Cryptocurrency Law
Michael Saylor Sparks Excitement in Bitcoin ETF Landscape!
Bitcoin News
The Spark That Ignites Cryptocurrency: Conflict Resolution Boosts Prices
Cryptocurrency News
Bitcoin Reclaims Its Ground Amid Global Peace Signals
Technical Analysis
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?