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You are at:Home ยป Bitcoin and Alternative Cryptocurrencies Witness Volatility in Prices
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Bitcoin and Alternative Cryptocurrencies Witness Volatility in Prices

By adminJul. 13, 2024No Comments3 Mins Read
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Bitcoin and Alternative Cryptocurrencies Witness Volatility in Prices
Bitcoin and Alternative Cryptocurrencies Witness Volatility in Prices
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In spite of a small price increase in cryptocurrencies, BTC quickly rebounded to $57,400. The value of BTC surged past $58,000 after it was revealed that the German government no longer held any BTC. Meanwhile, several altcoins experienced significant gains in the last 24 hours, bringing joy to their investors. So, which altcoins were the top performers in the past day?

ORDI Price Update
While the cryptocurrency market continues to witness volatile price fluctuations, ORDI, an important component of the Bitcoin network, saw its price rise in the last 24 hours. Stay up to date with the latest technology news on NEWSLINKER.

ORDI’s price climbed to $33.53 after a 9.64% increase in the past day. This surge was accompanied by a 20.48% rise in the past week. However, it’s worth noting that its all-time high (ATH) stands at $96.17.

Following the price increase, ORDI’s market cap surpassed $697 million, marking a growth of over 9%. The trading volume also saw a 42% increase along with the price surge, reaching $143.5 million.

Maker (MKR) Price Overview
Ranked fourth on Coinmarketcap’s list of RWA tokens, MKR emerged as the second most profitable cryptocurrency for investors in the past 24 hours.

MKR witnessed a 6.11% price increase in the past day, supported by a 12.41% rise in the past week. At the time of writing, MKR was valued at around $2,484.

MKR’s trading volume remained stable at $2.311 billion, while the 24-hour trading volume amounted to only $124 million.

Cardano (ADA) Price and Whales
Among the cryptocurrencies that stood out in the past week, ADA, with a market value of $14.8 billion, currently holds the 10th position. It is believed that the significant increase of over 1200% in whale activities had a substantial impact on ADA’s price movement.

ADA witnessed an 18.13% price increase in the past week, with a notable 4.60% surge in the past 24 hours, capturing the attention of investors. As a result of these movements, ADA’s price reached $0.4133, while the 24-hour trading volume reached $345 million.

Considering ADA’s long-term goal of reaching $1, it is currently seen as quite a distance away from achieving that level.

You can stay updated with our news on Telegram, Facebook, Twitter & Coinmarketcap.

Disclaimer: The information provided in this article does not constitute investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry risks. It is advised to conduct independent research.

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