Maker

Cryptocurrency

Major

Starknet

POPCAT

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-trends-shape-cryptocurrency-dynamics/" data-wpel-link="internal">Market Trends Shape Cryptocurrency Dynamics</a> 
On October 18, the <a href="https://en.coin-turk.com/chinas-apple-move-could-crash-bitcoin-and-altcoins-according-to-analyst/" data-wpel-link="internal"></a><a href="https://en.coin-turk.com/influx-of-institutional-funds-into-bitcoin-and-altcoins/" data-wpel-link="internal">cryptocurrency</a> market exhibited a mixed trend. Bitcoin (BTC) touched the $68,000 level briefly, while fluctuations were noted in altcoins such as Ethereum (ETH) , Solana (<a href="https://en.coin-turk.com/insights-from-a-crypto-analyst-the-resilient-rise-of-solana/" data-wpel-link="internal">SOL</a>), and XRP. During this period, POPCAT and MEW emerged as top gainers, each seeing an approximate 11% increase in value. 
<h2 style="text-align: justify" id="overview-of-the-market">Overview of the Market</h2> 
The total value of the cryptocurrency market increased by 0.21% in the last 24 hours, reaching $2.33 trillion. However, the overall market volume dropped by 6% compared to the previous day, falling to $75.89 billion. This suggests a slight weakening in trading activity within the market. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-398257" src="https://coin-turk.com/wp-content/uploads/2024/10/Kripto-Para.jpg" alt="" width="1280" height="720"> 
Bitcoin closed the previous trading day at $67,738, while Ethereum ended at $2,617. Solana experienced a loss of over 1%, and XRP faced selling pressure due to ongoing legal issues. XRP has been under pressure due to the case from the U.S. Securities and Exchange Commission (SEC), which has impacted its value. 
<h2 style="text-align: justify" id="strong-major-gainers-and-losers-in-cryptocurrency-strong">Major Gainers and Losers in Cryptocurrency</h2> 
Memecoins once again attracted investor interest. MEW rose by 11%, reaching $0.009448, while POPCAT also gained 11%, reaching $1.39. Additionally, Celestia gained 6%. Conversely, Maker DAO lost 7%, Starknet lost 6%, and Bonk declined by 4%. Hourly charts continued to exhibit fluctuations, with Bitcoin facing a slight loss of 0.14% and Ethereum a loss of 0.05%. 
Financial analyst Ayşe Yılmaz noted, “The fluctuations in the cryptocurrency market require investors to be cautious.” 
Investors are continuously updating their strategies considering the current volatility in the market. The existing activity in the cryptocurrency market offers significant hints regarding future prices. 
The post <a href="https://en.coin-turk.com/market-trends-shape-cryptocurrency-dynamics/" data-wpel-link="internal">Market Trends Shape Cryptocurrency Dynamics</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Trends Shape Cryptocurrency Dynamics

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