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COINTURK NEWS > Cryptocurrency News > Bitcoin Climbs Again and Altcoins Gain Momentum
Cryptocurrency News

Bitcoin Climbs Again and Altcoins Gain Momentum

In Brief

  • Bitcoin surpasses $44,000; Ethereum settles above $2,400.

  • Significant gains observed across major altcoins, indicating recovery.

  • Bitcoin's market value reaches $873.63 billion with a 3.80% increase.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The rise that started last evening saw Bitcoin (BTC) eventually surpass the $44,000 mark once again. Ethereum also settled above the $2,400 level, reflecting a notable increase to its investors. A significant earning environment was created among the best altcoins, pointing to a recovery process.

Contents
Bitcoin’s Rise and AltcoinsToday’s Top Performing Altcoins

Bitcoin’s Rise and Altcoins

Bitcoin’s price began to recover last night and continued to rise in the early hours of today. The price of Bitcoin increased by 3.80%, reaching $44,579 as of the writing time on Thursday, February 8th.

On the other hand, BTC’s trading volume also increased by 38.40% in the last 24 hours, reaching $23.67 billion. At the same time, BTC’s market value reached $873.63 billion.

When examining altcoins, the price of Ethereum reached $2,430.03, a 2.91% increase with a market value of $291.65 billion as of the writing time. Additionally, ETH’s trading volume saw a 1.32% increase, reaching $9.92 billion. The closest follower of ETH, Binance Coin (BNB) price increased by 3.76% to $312.64, while its 24-hour trading volume increased by 41.72% to $982.30 million.

Solana surpassed the $100 level again after some time. The price of Solana reached $101.84 following a 6.57% increase. XRP also recorded a recovery after recent volatile movements. XRP price is finding buyers at $0.5133 with a 1.83% increase.

The price of Cardano, which has made a significant impact recently, increased by 5.34% today to $0.5121. In addition, there was a 67.72% increase in the 24-hour trading volume, rising to $512 million.

Looking at meme coins, Dogecoin price increased by 2.12% to $0.08004. Its closest competitor, Shiba Inu (SHIB), experienced an increase in value of over 3% and traded in the $0.0000091 region.

The well-known meme coin Pepe Coin (PEPE) also experienced a recovery today. As of the writing time, the price of Pepe Coin increased by 2.98% to $0.0000009546, and its market value was $401.93 million.

Today’s Top Performing Altcoins

Dymension (DYM), which started trading with a significant impact in recent days and is also traded on Binance, experienced an increase of over 20%. The price of DYM rose by 20.88% to $6.01 at the time of writing. However, despite this, there was a 12.53% decrease in trading volume, falling to $352.45 million.

Celestia (TIA), which made a big splash in the market last year, continues to attract investors’ attention with gains and airdrop rewards. The price of Celestia increased by 12.61% to $19.51. The 24-hour trading volume also rose by 48.31% to $202.07 million. Moreover, it reached a period high of $19.64 during the rally.

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.

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COINTURK NEWS 8 February, 2024 - 9:10 am 8 February, 2024 - 9:10 am
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