The cryptocurrencies started to rise again after the Fed minutes were announced yesterday evening. Although there was a general rise in the market, especially Bitcoin, it was seen that some altcoins could not show the desired rise. Although it was seen that the Bitcoin price fell a little after rising above $ 61,000 again, see what the latest situation is in the market as we start August 22.
Bitcoin Latest Situation
Following the Bitcoin decline at the beginning of the week, a recovery in price was seen with the Fed minutes released yesterday. In the past weeks, BTC The price was seen to be stuck between $58,000 and $60,000 and consolidated for more than a week, but this situation seems to have changed for now. The price, which rose above $61,000 yesterday, moved down again but is still trading above $60,000. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
The outlook for BTC has turned positive once again, and the BTC price has increased by 2.31%, as reflected in the charts. Following the increase, it is seen that BTC found buyers at $60,700. The price increase also increased the market volume, and the value has settled back into the $1.2 trillion limit.
BTC’s 24-hour trading volume was also on the rise. After the $26.9 billion volume seen yesterday, it is seen that the value has exceeded $35 billion today, which brings with it comments that investor interest may have increased due to the price increase.
Latest Situation in Altcoins
The first altcoin to accompany the rise in Bitcoin was, of course, none other than its closest follower, Ethereum. ETH After the 1.12% increase in the last 24 hours, the price rose above $ 2,600 again and is finding buyers at $ 2,620. Despite this, the price change in the last 7 days was 1.12% in the negative direction.
When we look at the number 3 cryptocurrency market by volume (excluding stablecoins from the list) BNB’s It is also seen that BNB, which has shown a clearer rise compared to ETH, has reached the $ 570 limit again after the 1.50% rise it has experienced in the last 24 hours, as reflected in the charts.
There were comments that an era had ended in cryptocurrencies, but they showed an incredible recovery. LEFT There was also an interesting downward trend on the side. SOL fell by 0.49% in 24 hours and settled at $142.12.
XRP Despite the increase in price, it remains below $ 0.60. The value of XRP, which increased by 0.63% in the last 24 hours, reached $ 0.5994.
TON When we look at the coin side, it is seen that it accompanies SOL. The TON price has continued the decline in the last 2 days and is in the $ 6.55 region. Finally, the undisputed leader of meme coins DOGE’s The fact that it is in the $0.105 region and remains above the psychological support of $0.10 continues to push investors to optimism.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.