Bitcoin $54,380.21 When the price reached its ATH on March 14, no one thought it would happen so soon. The price, which rose to $73,750, triggered an altcoin rally, but it was seen that many of them did not reach their ATH. After this rise on the BTC side, the decline was just as sharp, and the price fell to $48,800 on August 4, also due to the great collapse in the Japanese economy, as reflected in the charts. It seems that things are still not going well for BTC, which continued to experience a volatile price movement afterwards.
How Many Dollars is 1 BTC?
Things started to go wrong for Bitcoin about 2 weeks ago. During this process, the price reached $65,000 and then fell sharply, then dropped below $54,000 after a long decline. Although it recovered somewhat later, it continues to worry investors. 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!
Despite this, the price for BTC on Sunday is showing a positive momentum again, after a 0.5% increase of $ 54,407. Due to the increase, the market volume continued to hold above $ 1 trillion and maintains a significant level.
In addition, the trading volume decreased by 64%, which shows that investors who turned the decline into an opportunity may have run out of steam. The decrease in the number and interest of investors may lead to some stagnation in the price.
Latest Situation in Altcoins
After the review for Bitcoin, the eyes turned to altcoins and there the stable price movements were also remarkable. First, Ethereum, the market’s most voluminous altcoin 
$2,296.16When we look at it, we see that it increased by 0.6% in parallel with BTC and found buyers at the $ 2,286 level.
On the BNB side, which is the closest follower of ETH, the rise continues despite the news about CZ in the past days. The rise reached 1.37% today and is finding buyers at $498. The positive outlook for Solana, the star of 2023 and the first quarter of 2024, is also remarkable today. The SOL price is trading at $128 after a 1% increase.
The cryptocurrency that rose the most in the top 10 of the day was DOGE. DOGE is trading in the $0.0945 region after a 2.45% increase, and despite the increase, the fact that it still hasn’t been able to get back $0.010 is making investors nervous. Finally, TON, perhaps one of the most talked-about projects of 2024, was seen to lose its place in the top 10 after falling to $4.72.
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.
