🚀🚀What is the Latest Situation in Cryptocurrencies? 🚀🚀

The decline in cryptocurrency markets last weekend continued its effect at the beginning of the new week. Bitcoin presented a negative picture by falling below the $ 60,000 level. Geopolitical events in the Middle East and problems in the Japanese economy were effective in this decline. However, as of the time of writing, recovery signals are observed in Bitcoin and some popular altcoins.

The collapse in the Japanese economy on August 5th pulled the Bitcoin price to $ 48,800. However, Bitcoin recovered within a week and exceeded the $ 62,000 level. Investors predict that this movement could continue to $ 70,000. In the last 24 hours, Bitcoin increased by more than 1%, rising to $ 59,272. Bitcoin's market volume reached $ 1.169 trillion, and its 24-hour trading volume reached $ 37 billion.

After Bitcoin, altcoins are also drawing attention. Ethereum rose by 4.50% to $2,663, with a market cap exceeding $320 billion. Binance Coin (BNB) rose from $507 to $518. Solana rose by 1.56% to $145. XRP rose by 0.61% to $0.5677. TON rose by 2.95% to $6.27. Elon Musk's favorite DOGE is trading at $0.1051, up 3.04%.

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