Shiba

Ethereum

Cryptocurrency

FLOKI

Shiba Inu

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/exploring-the-surge-in-turkish-cryptocurrency-trade" rel="noopener noreferrer nofollow">Exploring the Surge in Turkish Cryptocurrency Trade</a><br></p>
<p style="text-align: justify">The Turkish cryptocurrency market has recently seen a significant uptick in trading volumes, with Bitcoin achieving an unprecedented price of $72,800, an early peak before the expected halving event. This bullish trend has sparked both excitement and wariness among traders. An analysis of 24-hour trade volumes from 21milyon.com highlights the cryptocurrencies that are drawing the most interest from Turkish investors.</p>
<h2 id="top-traded-cryptocurrencies-in-turkey">Top Traded Cryptocurrencies in Turkey</h2>
<p style="text-align: justify">The overall trading volume for cryptocurrencies in Turkey surpassed $1.3 billion in the past day, signaling strong investor enthusiasm amid price surges. AMP cryptocurrency leads with a 5.57 billion TL volume, reflecting a notable 220% price increase. Meme coin FLOKI follows, delighting traders with an eightfold value rise within a month, while <a href="https://en.bitcoinhaber.net/the-evolution-of-tether-a-story-of-innovation-resilience-and-determination" rel="noopener noreferrer nofollow">Tether</a> (<a href="https://en.bitcoinhaber.net/tether-and-bitfinex-take-steps-towards-transparency-and-reserve-confidence" rel="noopener noreferrer nofollow">USDT</a>) and Ripple (<a href="https://en.bitcoinhaber.net/bitcoin-breaks-new-record-while-ethereum-hits-2024-peak" rel="noopener noreferrer nofollow">XRP</a>) take the third and fourth spots, respectively.</p>
<p style="text-align: justify">The stablecoin Tether reached a 3.2 billion TL trade volume, and XRP, after climbing above $0.7 with a 9% gain, saw Turkish traders generate a 2.7 billion TL volume.</p>
<h2 id="additional-cryptocurrency-trade-insights">Additional Cryptocurrency Trade Insights</h2>
<p style="text-align: justify">Surprisingly, Bitcoin, despite its record price, ranks sixth among the most traded cryptocurrencies in Turkey, with a volume of 2.22 billion TL. XCN coin captures the fifth spot, AVAX takes seventh with a recent 20% jump in price, and PEPE follows closely in eighth place.</p>
<p style="text-align: justify">Shiba Inu and Ethereum round out the ninth and tenth positions, with SHIB experiencing a 265% increase over the past month and Ethereum maintaining its status as a key altcoin with a trading volume of 825 million TL.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/exploring-the-surge-in-turkish-cryptocurrency-trade" rel="noopener noreferrer nofollow">Exploring the Surge in Turkish Cryptocurrency Trade</a></h5>

Exploring the Surge in Turkish Cryptocurrency Trade

Table of Contents

BH NEWS

Other articles published on Mar 12, 2024

Solana Aims For $200 As On-Chain Metrics Touch New Highs! Here’s The Next Setup For SOL Price

Mudrex Introduces Major Bitcoin ETFs to India’s Investors

Bitcoin Cash (BCH) Whale Picks DeeStream (DST) Over Frog Wif Hat (FWIF) Amid USD Coin (USDC) & Da...

Bitcoin Surpasses $72,000 Following Inflation Data; Toncoin Emerges As Top Gainer

“Killer Whales" - The first Crypto Reality TV Show to hit mainstream streaming platforms. (12 Mar)

Bitcoin ETF Fee Wars Heat Up As Grayscale Mulls Spin-Off; VanEck Slashes Fees To Zero Until 2025

Join our free newsletter for daily crypto updates!