The wind turned: Bitcoin, which fell like a meteor, rose above $60,000 again
August 9, 2024
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In a news item we shared with you on Monday, we talked about the happenings in the cryptocurrency markets. We talked about the great collapse. All crypto assets,
In a news item we shared with you on Monday, we talked about the happenings in the cryptocurrency markets. We talked about the great collapse. All crypto assets, especially Bitcoin (BTC), are rising at an unprecedented rate. had experienced a decline.
But now, the wind has changed It seems. Because the markets started to rise. This situation made BTC investors the most happy. Because the BTC price increased by about 26 percent in just a few days. The BTC price, which dropped to 49 thousand dollars, is at the time of writing this article. 61 thousand dollars is traded at levels.
Altcoins also had their share
According to CoinMarketCap data, BTC’s rise also had implications for other crypto assets. directly positively influenced. In this context; In the last 24 hours Ethereum (ETH) 9.64 percent, Binance Coin (BNB) 5.1 percent, Solana (SOL) 2.5 percent, Ripple (XRP) 0.19 percent, Toncoin (TON) 11.61 percentDogecoin (DOGE) rose 4.98 percent and Cardano (ADA) rose 3.25 percent.
Of course this It doesn’t mean Cryptocurrency markets will now rise. The conflicts between Iran and Israel, which have been on the agenda for days, can cause the markets to be negatively affected again. On the other hand; Global developments can also lead to a fall in the cryptocurrency markets. If that is the case, we can say that you should manage the risks very well. When making decisions, Be more careful than ever There is an advantage.
*This content should not be considered investment advice.
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.