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It’s been number one on the agenda for a few days now. cryptocurrency markets forms. Cryptocurrencies, which have been in a downtrend for a while, literally “from the
It’s been number one on the agenda for a few days now. cryptocurrency markets forms. Cryptocurrencies, which have been in a downtrend for a while, literally “from the beginning of May”collapsedBitcoin, which was around $40 thousand a few days ago, dropped to $27 thousand yesterday. Naturally, this has turned altcoins into a bloodbath. Today is now unnerving another situation arises.
If we look at the general situation in the markets; as if the negative statements of traditional proponents of finance, the desire to escape the market, the events of LUNA and UST There is an air like never before†So much so that, at the time of writing this article, Bitcoin is up about 10 percent to over $30,000. This situation, in altcoins started to show up. It is difficult to understand what is happening in the markets.
*Source: Coinmarketcap
Relying on the $31,000 cap, Bitcoin gained about 10 percent with this jump. The Instantaneous Value of Ethereum (ETH) $2,078 which represents an increase of almost 10 percent. Binance Coin (BNB) is up more than 20 percent and is trading at $303 and Ripple at $0.44. The rise in Cardano (ADA), which is known to have many investors in Turkey, is more than 30 percent. Solana (SOL) is up 16% to $51, Elon Musk’s favorite Cryptocurrency Dogecoin (DOGE), on the other hand, has reached the $0.09 level with a 20% increase.
One of the names who spoke out about the sudden turnaround of the cryptocurrency markets is senior analyst Swissquote Bank. Ipek OzkardeskayaDeclare that it is clear that confidence in the cryptocurrency markets is higher than forecasts, the analyst said, The panic atmosphere of the past few days is over. there stands that. According to Özkardeskaya LUNA and UST There’s nothing left for him to do. These two cryptocurrencies have now completely lost their trust and will never see their old days again…
*This content should not be considered investment advice.
Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
