A positive atmosphere is observed in the cryptocurrency market due to the influence of the elections in the USA. On Wednesday, Bitcoin (BTC) 
$68,797 It exceeded the $75,000 level. Other cryptocurrencies also participated in this rise. Ethereum (ETH) 
$2,438Major coins such as , Solana (SOL) and XRP attracted intense attention from investors, gaining between 6% and 16% in value on a daily basis. dogecoin 
$0.168711 (DOGE) stood out among the meme coins by exceeding the $0.2 level.
Strong Performance in Bitcoin and Altcoins
Bitcoin reached $74,366, an increase of 9% in the last 24 hours. During the day, the lowest price of BTC was $68,147.62 and the highest price was $75,011.06. Bitcoin, whose market value reached 1.47 trillion dollars, continues its dominance in the crypto market with 59.60%. Ethereum is also trading at $2,579, up 7%. Solana, on the other hand, rose to 184 dollars with a 16% gain in value.
Dogecoin leads the way among meme coins. DOGE, which reached $0.2074 with a daily increase of 27%, attracted great attention from investors. Shiba Inu (SHIB) also climbed 11% to $0.00001928. Other meme coins such as PEPE, WIF and BONK also contributed to the buoyancy in the market, gaining between 15% and 20% in value.
Market Volume and Daily Movements
The total volume of the crypto market increased by 8% in the last 24 hours, reaching $2.45 trillion. The transaction volume increased by 51.42% and reached 126.04 billion dollars. BTC and ETH attracted attention with slight increases between 0.5% and 1% on an hourly basis. Investor interest is particularly focused on these two coins.
The election process in the USA contributed to the appreciation of cryptocurrencies and the strengthening of market dynamics. This rise is considered a positive indicator for the market. Investors are closely monitoring the movements that may continue in crypto assets after the election.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
