Investor concerns have been heightened by the recent decline in Bitcoin prices over the past two weeks. After the FED’s decision on interest rates, the price dropped from $70,000 to $58,500. However, it has since recovered slightly and is now above $60,000. In light of these developments, which cryptocurrencies are Turkish investors most interested in trading in the last 24 hours?
Which Cryptocurrencies Are Turks Trading?
When it comes to cryptocurrencies, investors often shift their focus to different projects. Meme coins and AI tokens have been making headlines recently, but USDT and BTC remain in the top 10. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.
Periodic price movements and market trends can create different hype environments at different times. While global exchanges and Turkish exchanges sometimes generate similar trading volumes, this can change at certain times, as shown in the charts.
There are two ways to analyze market price movements and the overall situation. Some investors use multiple screens to constantly monitor order books, although this method may not be very efficient. Alternatively, investors can visit 21milyon.com to quickly gather all the necessary information and access the desired data within seconds.
By visiting 21milyon.com, you can not only see the prices and volumes of cryptocurrencies but also find out which exchanges these transactions are taking place on.
Most Traded Altcoins in the Last 24 Hours
According to data from 21milyon.com, the 24-hour trading volume amounted to $285.3 million, equivalent to 9,400,617,580.00 TRY. The prevailing uncertainty in the market indicates that investors are struggling to make decisions.
The data suggests that the recent hype surrounding meme coins has shifted towards the leading cryptocurrency Bitcoin and the largest stablecoin by volume, Tether. Bitcoin is currently priced at 2,030,000.00 TRY, representing a 1% increase in the last 24 hours. The trading volume for BTC in the same period was 1,177,495,245.00 TRY.
Following Bitcoin, Tether is priced at 32.97 TRY, indicating a 0.09% decrease. Interestingly, three different meme coins—PEPE, FLOKI, and BONK—have attracted significant interest from Turkish investors.
Furthermore, Solana, which recently gained attention with an ETF news, has seen a notable increase of 9.49%, reaching 4,875.60 TRY. This indicates a significant rise in investor interest.
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Disclaimer: The information provided in this article should not be considered as investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry inherent risks. It is advisable to conduct thorough research before making any investment decisions.
