Elon Musk, who announced support for Dogecoin, the latest popular crypto currency, on his social media account Twitter, crypto money It often comes up that it causes fluctuations in the market.
According to crypto analysts, this attitude of Elon Musk is undermining investors’ confidence in the cryptocurrency market.
Ð is for Ðogecoin! Instructional video.https://t.co/UEEocOfcTb
— Elon Musk (@elonmusk) February 8, 2021
Elon Muskelectric car manufacturer from the USA as CEO TeslaAfter the announcement of the acquisition of $ 1.5 billion worth of Bitcoin, BTC has traded over $ 48,000, up 20 percent in the past 24 hours.
According to cryptocurrency analysts Tesla‘s $ 1.5 billion acquisition is important for corporate companies to adopt Bitcoin. On the other hand, companies using Bitcoin as a means of payment MicroStrategy and Square Inc was limited to.
Covering 500 major American companies S&P 500The entry of the fourth largest company in Bitcoin to Bitcoin has had a great impact on the crypto money market.
Bitcoin (BTC) In the last 24 hours, it has found resistance from the 46 thousand band by increasing 20 percent. According to Coinmarketcap data, the market value of Bitcoin, which increased by 38 percent weekly;
1 BTC = 47 THOUSAND 692 dollars / 333 thousand 276 TL.
ETHEREUM HOW MUCH / TL?
Ethereum (ETH), the second highest volume unit of the crypto money markets, has been trying to find resistance in the 500- thousand 600 dollar band for the past week.
After Grayscale Investments announced that Ethereum Trust would reopen for public trading, ETH had refreshed its record by seeing the $ 1,500 level.
(ETH), which seems to be more secure than speculative fluctuations in Bitcoin, has gained 25 percent weekly, seeing the lowest 1,627 in the last 24 hours and the highest 1,806 dollars.
As of February 9, 1 ETH = one thousand 805 dollars / 12 thousand 786 TL.
WHAT IS THE LATEST SITUATION IN ALTCOINS?
The record increase in Bitcoin has also positively affected Altcoins. Based on Elon Musk effect for $ 0.08 Dogecoingained 128 percent weekly.
Ripple’s XRPThe critical day for Turkey is February 22nd. According to cryptocurrency analysts, XRP will react according to the course of the case. Ripple, which fell to $ 0.40 from its $ 0.77 level reached last week, is holding resistance at $ 0.45.
Cardano (ADA) Continuing its steady rise, it traded at $ 0.69, with a weekly increase of 68 percent, making it the fourth most valuable Crypto currency.
Litecoin (LTC) on the other hand, gaining 26% weekly value and watching over the 172 band. Polkadot (DOT) It rose 45 percent last week, reaching $ 23. on the other hand Chainlink (LINK) It continues to stay in the $ 25 band, showing the lowest increase among the top ten crypto currencies.
THE NEW SAFE PORT BITCOIN?