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: Crypto Market Update: Bitcoin Maintains Stability as Altcoins Remain Calm
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 > Crypto Market Update: Bitcoin Maintains Stability as Altcoins Remain Calm
Cryptocurrency News

Crypto Market Update: Bitcoin Maintains Stability as Altcoins Remain Calm

In Brief

  • On Sunday, October 29th, the price of Bitcoin started at $34,081, but the calmness in altcoins continues. The decline in market volume continues and has dropped below $25 billion. Although BTC is holding the $34,000 region, the potential for sentiment to turn negative due to ongoing weakening demand from investors is concerning.ContentsCurrent Situation of CryptocurrenciesAltcoins […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

On Sunday, October 29th, the price of Bitcoin started at $34,081, but the calmness in altcoins continues. The decline in market volume continues and has dropped below $25 billion. Although BTC is holding the $34,000 region, the potential for sentiment to turn negative due to ongoing weakening demand from investors is concerning.

Contents
Current Situation of CryptocurrenciesAltcoins of the Week

Current Situation of Cryptocurrencies

Happy 100th anniversary of the Republic Day of the Republic of Turkey. There is no price movement that will upset crypto investors who wake up to Turkey’s centenary.

The daily closing was at the level of $34,081, and BTC continues to hold this region. We mentioned the decrease in volume at the beginning, which is frustrating because even though BTC remains stable, the sentiment for altcoin profit-taking is prone to sharp declines at any moment.

BTCD is above 53%, and this can increase as altcoins start to weaken. The cumulative volume of the last 24 hours is $24 billion, and the cumulative value of cryptocurrencies has fallen back to the $1.25 trillion support area.

The upcoming week will be highly eventful on the macro front, so an increase in volatility is expected to continue at the end of October and the beginning of November.

Altcoins of the Week

At the time of writing, BTC is continuing the week with a 13.56% increase. Ethereum (ETH) is struggling to maintain its modest gains of 8% as the $1,750 region begins to weaken. If we talk about the largest cryptocurrencies, we cannot forget BNB Coin, which ranks fourth. Regulatory pressure and ongoing lawsuits have negatively affected investors’ risk appetite, causing BNB Coin to only increase by 5% this week.

Of course, there are also stars of the week. Undoubtedly, the winner of the week among the top 100 cryptocurrencies is PEPE Coin. After the team emptied the treasury, the price is recovering. The announcement of token burn and the commitment to take the token further with the new team has increased the price by 60%.

Thanks to its new token, FLOKI Coin has also increased by over 50%. While INJ Coin aims for $18, it got stuck at the $14 level, and MINA Coin narrowly missed surpassing $1 at the beginning of the week, but both continue the week with around 50% increase.

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

Crypto Markets Surge with Bitcoin’s Impressive Rise

Steak ‘n Shake Embraces Bitcoin for Nationwide Payments

US Senate Pushes Bold New Regulations on Stablecoin Issuers

Bitcoin Gains Traction in Times of Economic Turmoil

Market Surge Ignites Optimism in Crypto Assets

COINTURK NEWS 29 October, 2023 - 7:38 am 29 October, 2023 - 7:38 am
Share This Article
Facebook Twitter
Share
Previous Article Bitcoin Price Analysis: Historical Data Indicates Potential November Surge
Next Article Bitcoin Price Analysis: What to Expect After the Fed Meeting?
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

Coinbase Embraces Innovative Strategy by Managing Bitcoin Holdings Differently
Bitcoin (BTC) Coinbase
Crypto Markets Surge with Bitcoin’s Impressive Rise
Cryptocurrency News
Arthur Hayes Predicts Bitcoin’s Meteoric Rise as Money Supply Soars
Bitcoin (BTC)
Steak ‘n Shake Embraces Bitcoin for Nationwide Payments
Bitcoin (BTC) Cryptocurrency News
//

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?