There was significant movement in the cryptocurrency market. While Bitcoin (BTC) remained stable around $ 98,000, leading altcoins ADA, XRP and AVAX gained between 14% and 25%. In addition, Hedera (HBAR)$HBAR
and some altcoins like Stellar (XLM) have seen impressive increases of between 25% and 55% in the past 24 hours.
The global crypto market cap increased by 1.5% in the last 24 hours to $3.33 trillion, while the total market volume decreased by 12% compared to the previous day, falling to $219 billion. Bitcoin continues to lead the largest cryptocurrency with a market dominance of 58.59%. Ethereum (ETH) remained stable at $3,333, while Solana (SOL) lost 2% to $255. XRP showed a strong performance, gaining 15% in the last 24 hours. Among the meme coins, Dogecoin and Shiba Inu increased by 9%, while some meme coins such as PEPE and BONK experienced declines.
Stellar (XLM)$XLM
, increased by 55% in the last 24 hours to $ 0.44, while Hedera (HBAR) increased by 25% to $ 0.1542. Cardano (ADA) also increased by 24% to $ 1.09. Experts say that these increases may be related to Bitcoin movement and ETF developments.
However, fluctuations in market volume and volatility in meme coins are causing investors to reconsider their strategies and be more cautious.
New Developments and Risk Management
According to hourly analysis, Bitcoin increased by 0.4%, Ethereum by 0.5% and Dogecoin by 4%. This situation has led to a revival of strategic discussions among investors regarding market dynamics. Small investors are questioning how to evaluate the positive momentum in altcoins.
The recent fluctuations in the cryptocurrency market present both opportunities and risks for investors. In addition to Bitcoin remaining stable, HBAR and XLM, which are on the rise, are noteworthy. However, investors need to make careful analysis and take care of risk management against volatility and fluctuations in the market.