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Reading: Key Insights on Cryptocurrency Prices and Market Trends
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COINTURK NEWS > Altcoin News > Key Insights on Cryptocurrency Prices and Market Trends
Altcoin News

Key Insights on Cryptocurrency Prices and Market Trends

In Brief

  • Bitcoin halving countdown ignites market focus on altcoins.

  • AVAX sees fluctuating prices, currently at $34.88 after a slight rise.

  • Solana's price adjusts to $137, still far from its peak despite meme coin craze.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Bitcoin halving is just under three days away, shifting attention also to altcoins. As of today, there are 427 blocks left until the halving, which is marked for April 19, with just over 2 days and 18 hours remaining. Meanwhile, what’s happening with the leading altcoins in the market?

Contents
How Much is AVAX Worth?What is Solana’s Current Price?How Much is 1 Ethereum in Turkish Lira?

How Much is AVAX Worth?

AVAX, one of the leading projects in the market, seemed to have started getting back on track since the end of last year. AVAX, which made a mark along with Solana in the last bull run, appears to continue being under investor scrutiny in the coming period.

On March 19, 2024, AVAX excited its investors by climbing back over $60, but then experienced a sharp pullback, dropping nearly 50%. As of today, following a 0.48% increase, AVAX is trading at $34.88.

AVAX’s market cap continues to stay above the $13 billion mark, ranking it 12th. Meanwhile, its 24-hour trading volume has fallen to $703 million after a 22% drop.

What is Solana’s Current Price?

Solana was arguably the star of the last bull run. Following the market crash and the shadow of the FTX incidents, SOL had fallen to $8 at the beginning of 2023.

From this price point, SOL began a relentless rise, and by the end of 2023, it was back over $100. The rise did not stop there; during the last month’s BTC ATH period, it climbed over $210.

One of the biggest impacts of this situation was perhaps the meme coin craze that emerged on the network. Although SOL fully capitalized on this, it could not resist the market correction and is currently trading at $137 after a 0.04% decline in the last 24 hours.

This places it still far from its previous ATH. However, if the meme coin craze repeats itself and investor interest increases, SOL could move to new ATHs.

How Much is 1 Ethereum in Turkish Lira?

Lastly, when we look at ETH, the undisputed number two in terms of market volume, things are not going well. Its price visited over $4,000 during the days of the Bitcoin ATH, then crashed to $3,000.

As of today, the price is struggling to hold above $3,000, and at the time of writing, it stands at $3,093. Simultaneously, 1 ETH is trading at around 100,000 Turkish Lira.

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 17 April, 2024 - 5:34 am 17 April, 2024 - 5:34 am
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