After a neutral appearance on the charts yesterday, the price of cryptocurrencies returned above $61,000 and stayed there for a while. Last week, the price dropped to $48,800 and then rose above $60,000, indicating significant fluctuations and causing concern in the market. Today, as important data from the US is awaited, let’s take a look at how Bitcoin and high-volume altcoins started the day.
What is the Current Price of Bitcoin?
Last Monday, following the economic crisis in Japan, Bitcoin prices, along with the global economy, dropped to low levels, with the price falling to $48,800, raising questions in the market. After this period, BTC conducted a rally that brought its price back above $60,000, settling at this level.
After falling again last week to the $58,000 level, BTC rose above $61,000 again last night. The potential impact of today’s CPI data on the market is also a topic of curiosity.
In the last 24 hours, Bitcoin’s price has visibly increased compared to yesterday. Bitcoin’s price rose by 2.86% and is trading above $60.900. Bitcoin’s market cap returned to $1.2 trillion, while its 24-hour trading volume fell from yesterday’s $37 billion to $29.1 billion.
Current Status of Altcoins
Following Bitcoin, investors were curious about what was happening with high-volume altcoins. Ethereum, which is undoubtedly at the top of the altcoins, rose in parallel with BTC, pleasing its investors as it was the highest-rising high-volume altcoin yesterday.
After a 4.50% increase yesterday, ETH rose by 2.71% today, surpassing $2,731. Following the two-day rise in ETH, its market cap also exceeded $328 billion, while its 24-hour trading volume fell from $22 billion to $15.2 billion.
Binance’s native token, BNB, also continued its rise today. BNB’s price rose from $518 yesterday to $526.9. Perhaps the biggest disappointment in the market today was Solana. Solana was the only altcoin among the top 10 to experience a decline. SOL is trading at $145.21.
XRP, which investors are eagerly waiting to return to $1, rose by 2.21% in the last 24 hours, reaching $0.5792. TON, which is seeing new features added by Binance every day, was the winner of the day. TON’s price rose by 6.89% in the last 24 hours, returning to the $6.7 region. Finally, DOGE rose by only 1%, remaining above the $0.10 support level at $0.106.
