Following the announcement of the Fed minutes the other day, a sharp increase was seen in cryptocurrencies yesterday evening with the statements made by Jerome Powell. There was a general upward trend in the market, especially in Bitcoin. Despite this, the presence of an altcoin that was seen to fall within the top 10 was also noteworthy. While the Bitcoin price touched $ 65,000, let’s see together what the latest situation is in cryptocurrencies on the first day of the weekend.
How Many Dollars is Bitcoin?
Following the Bitcoin decline at the beginning of the week, prices began to recover with the announcement of the Fed minutes. In the past weeks, BTC Its price was stuck between $58,000 and $60,000, and even this situation was seen in the wider window as $61,000 and $50,000. 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 changed by mid-week and took on a completely different dimension after Jerome Powell’s statement last night.
The outlook for BTC today was literally pointing to a positive situation in the indicators. BTC price has increased by 5.15% in the last 24 hours. With the increase, it is seen that BTC has found buyers above $ 64,000. With the price increase, market volume has also increased and has exceeded $ 1.263 trillion again.
BTC’s 24-hour trading volume has also increased significantly. The trading volume has exceeded the $36 billion seen during the week and has settled above the $43 billion level after a 67% increase today.
Which Altcoins Soared?
After Bitcoin, all eyes turned to its closest follower, Ethereum. ETH The price rose above $ 2,700 again after a 3.14% increase in the last 24 hours. This rise also moved the 7-day price movement upwards and carried it to the level of 5.94%.
The native token of the Binance exchange, which is number 3 in the cryptocurrency market by volume (excluding stablecoins from the list) BNB’s It was noteworthy that it was the only altcoin with a large volume that experienced a decline today. BNB’s price movement in the last 24 hours was a 0.72% decrease and it is finding buyers in the $ 578 region.
One of the most talked about altcoins in the cryptocurrency world LEFT There was also an upward dominance on the side today. SOL rose by 5.97% in 24 hours and returned above $ 150 again, reaching $ 154.46.
One of the biggest unknowns of cryptocurrencies is the lawsuits they face. XRP’s Its price has once again surpassed $0.60 and is finding buyers at $0.6086.
Hosting declines for days TON The charts show that the coin has also risen by 1.70% and is once again moving towards $ 7. As of writing time, TON is trading in the $ 6.69 region. DOGE Moving away from the $0.10 resistance, it reached $0.1127 TRX It is currently in the $0.1627 region after a 20.73% increase throughout the week.
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.
