The cryptocurrency market has been fluctuating since last week. However, prices generally recovered over the weekend and managed to make investors happy. Bitcoin started the week above $68,000, but fell to $64,000 due to declines in technology stocks. One of the biggest declines occurred in Ethereum.
What is the latest situation for cryptocurrency prices?
Bitcoin gained momentum again over the weekend and climbed to 67 thousand dollars. This rise was also supported by the economic data of the USA, which showed a decrease in interest rates despite inflation. Investment firms made price rise predictions for Bitcoin.
Other major cryptocurrencies such as Ethereum also managed to recover their losses in the last 24 hours. The cryptocurrency confidence index also increased before a development that would stimulate the market. In this way, the overall cryptocurrency market has reached over 2 trillion dollars.
According to Friday’s data, the biggest gainers among the top 100 cryptos last week were Helium, up 24 percent, Flow, up 13 percent, Solana, up 10 percent, and XRP, up 10 percent. In addition, Dogecoin, one of the popular altcoins, also experienced a remarkable increase of 9 percent.
Although investors expect the rise to continue throughout the next week, let us remind you that there is no major reason to revive the market.
Note: The information in this article is not investment advice. It is shared for informational purposes only.
Source link: https://shiftdelete.net/kripto-para-fiyatlari