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COINTURK NEWS > Altcoin News > FED Interest Rate Decision Causes Significant Movement in Crypto Market
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FED Interest Rate Decision Causes Significant Movement in Crypto Market

In Brief

  • Bitcoin's price dropped from $69,900 to $68,000.

  • PEPE's price increased by over 1% in the last 24 hours.

  • SHIB recovered from its decline and is trading at $0.00002221.

COINTURK NEWS
COINTURK NEWS 11 months ago
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A significant movement occurred in the cryptocurrency market following the announced FED interest rate decision. Bitcoin’s price dropped from $69,900 to $68,000, triggering a clear decline in altcoins. Despite this, some market participants challenged BTC. Two meme coins and a recently popular altcoin are moving against the market trend.

Contents
What is the Price of PEPE Coin?Not Coin Latest StatusWhat is the Price of Shiba Coin in TL?

What is the Price of PEPE Coin?

PEPE, which has attracted all attention in the last two weeks, experienced over a 10% drop in the past 7 days due to intense selling pressure after reaching its ATH. However, the price movement in PEPE after today’s decision pleased its investors.

PEPE’s price increased by over 1% in the last 24 hours, reaching $0.00001311. This situation can be interpreted as whales taking a breath regarding sales in the cryptocurrency, which has been declining for days.

PEPE’s market cap rose to $5.5 billion after this increase, while its 24-hour trading volume increased by 5.80% to $1.4 billion, making it the 9th most traded cryptocurrency.

Not Coin Latest Status

Not Coin made a significant impact last month. Emerging as a Telegram bot on the TON network, NOT caught the attention of major exchanges and quickly got listed. Following this, its price momentarily rose to $0.037 but then quickly retracted.

NOT continues to trade well above its launch price of $0.000779. As of the time of writing, NOT’s price is $0.01813, following a 13.82% increase in the last 24 hours.

Additionally, its market cap stands at $1.8 billion, while its 24-hour trading volume increased by 45% to $1.2 billion.

What is the Price of Shiba Coin in TL?

Lastly, looking at the price of SHIB, positioned as the second-largest meme coin after DOGE in the crypto world, we see a movement contrary to the market. SHIB seems to have recovered from the decline it experienced at the beginning of the week.

After a 2.68% increase in the last 24 hours, it is trading at $0.00002221, which investors welcomed positively. However, it is worth noting that SHIB is still 75% away from its ATH. In terms of TRY, SHIB is trading at 0.00072110 TL.

On the other hand, SHIB’s market cap continues to stay above $13 billion, while its 24-hour trading volume reached $850 million after a 4% 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.

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COINTURK NEWS 13 June, 2024 - 3:09 am 13 June, 2024 - 3:09 am
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