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Reading: Bitcoin Exceeded 71 Thousand Dollars! The Rising Wave in Cryptocurrencies Continues!
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EdaFace Newsfeed > Latest News > Crypto News > Bitcoin Exceeded 71 Thousand Dollars! The Rising Wave in Cryptocurrencies Continues!
Crypto News

Bitcoin Exceeded 71 Thousand Dollars! The Rising Wave in Cryptocurrencies Continues!

vitalclick
Last updated: October 29, 2024 7:19 am
5 months ago
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Contents
Latest Situation in Bitcoin and Major CryptocurrenciesHighlights in Market IndicatorsExpectations for the Market

The cryptocurrency market started the day with positive momentum today. Bitcoin (BTC) $68,187 Its price surpassed the $71,000 level with an impressive increase. Ethereum (ETH) $2,505Important cryptocurrencies such as , Solana (SOL) and XRP also experienced a similar rise. In addition, meme coins also achieved significant gains by complying with the general trend of the market.

Latest Situation in Bitcoin and Major Cryptocurrencies

Bitcoin price has increased by approximately 5% in the last 24 hours and is currently trading around $71.00. Ethereum also followed this positive atmosphere and reached $ 2,607. Solana and XRP gained 1-3% in value on a daily basis.

Meme coins also got their share of the upward movement. dogecoin $0.142292 (DOGE) gained approximately 16% to $0.1668. Shiba Inu (SHIB) reached 0.00001835 dollars with an increase of 8%. Other meme coins, Pepe Coin (PEPE), Dogwifhat (WIF) and POPCAT, also experienced value increases between 6% and 17%.

Highlights in Market Indicators

The total value of the crypto market increased to $2.41 trillion, while the total transaction volume increased to $97.61 billion. Bitcoin’s market dominance reached 58.52%. Bitcoin SV (BSV), RUNE and MOG Coin were among the biggest gainers during the day. These cryptocurrencies have gained 15%-16% in value in the last 24 hours. On the other hand, some crypto assets such as MANTRA, Celestia, and ApeCoin experienced slight losses.

Although price movements fluctuated in short periods of time, the market generally showed a positive picture. While a small decrease was observed in Bitcoin, Ethereum stabilized with a slight increase.

Expectations for the Market

This activity in the cryptocurrency market continues to attract the attention of investors. Price fluctuations reveal the dynamic structure of the market and potential investment opportunities. Analysts emphasize that investors should follow crypto trends closely. The future course of the market will continue to be shaped depending on economic data and global developments.

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.

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