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COINTURK NEWS > Cryptocurrency News > Cryptocurrency Investors Experience Market Recovery
Cryptocurrency News

Cryptocurrency Investors Experience Market Recovery

In Brief

  • Bitcoin's price surged above $67,000, exciting the market.

  • Ethereum's price increased by 3.21% but shows a weekly decline.

  • BNB, SOL, and XRP also experienced varying degrees of price changes.

COINTURK NEWS
COINTURK NEWS 11 months ago
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Cryptocurrency investors appear to have started the new day happily after several days of decline. Bitcoin price fell below $64,000 but surged back above $67,000 early this morning, creating excitement in the market. Although there is no definite information on what might have triggered BTC’s rise, this increase also moved altcoins.

Contents
What is Bitcoin’s Current Price?What is Ethereum’s Price in TL?Current Status of BNB, SOL, XRP

What is Bitcoin’s Current Price?

Bitcoin‘s price recovery today seems to have turned the entire market positive. Although the price rose above $67,000 in the past hours, it slightly pulled back but continues to trade just below this level at the time of writing.

BTC reached $66,974 after a 4.43% increase in the last 24 hours, and the fact that the price change in the last hour is zero and hasn’t turned negative continues to support the bullish sentiment. Additionally, the 4% increase seen in the last 7 days shows that investors are still in profit despite all the recent declines.

BTC’s market cap has risen back to $1.3 trillion, while the 24-hour trading volume remains above $35.3 billion.

What is Ethereum’s Price in TL?

Due to the spot Ethereum ETF, a significant portion of the entire cryptocurrency world and even the economic world had turned their attention to Ethereum. However, the price movements have so far disappointed market participants. Although Ethereum’s price appears to have started rising again today, the weekly outlook remains negative.

Ethereum’s price increased by 3.21% in the last 24 hours to $3,268. Nevertheless, the charts reflect a 4.99% decrease in price over the last 7 days. Ethereum’s market cap is below $400 billion at $392 billion, while the trading volume is $21.4 billion. Looking at the ETH/TRY pair, the price is seen to be 108,000 TL.

Current Status of BNB, SOL, XRP

BNB saw a price change of 3.29%. After this price change, BNB’s price became $580, but the fact that it is still 19% away from its ATH of $720 remains unchanged. Nevertheless, BNB was among the day’s gainers.

Solana once again rose towards the $180 level. SOL’s price is trading around $177 after a 4.26% increase in the last 24 hours. Lastly, looking at XRP, the price appears more stable with an increase of only 0.86%, and the price is around $0.6082.

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 26 July, 2024 - 9:37 am 26 July, 2024 - 9:37 am
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