Bitcoin and altcoin prices have experienced a lot of volatility over the past week. Due to the war crisis, BTC and others lost value as investors rushed to safe havens. However, according to CoinGecko data, some crypto money projects were in the focus of investors in Turkey and globally. Here are the details…
The latest situation in Bitcoin and crypto money prices
Shortly after Putin ordered a “special military operation” on Ukrainian soil, the cryptocurrency and financial markets took a serious hit. However, markets are pricing the future, and global markets and crypto quickly rebounded after Biden’s speech confirming that the US would not impose any serious sanctions. Thursday saw an intraday gain of 7% on Wall Street, and Friday saw a green rise on Wall Street’s screens. Instead, the politician promised to impose severe financial sanctions on Russia and limit the country’s ability to “do business in dollars, euros, pounds and yen in order to become part of the global economy.”
The primary coin is currently hovering around $39,000 after breaking above $40,000, which is even higher than the days before the conflict. The crypto market cap has reached $1.77 trillion, with most of the alternative cryptocurrencies also in the green. However, many people sold their BTC in the process.
What happened to cryptocurrencies in the focus of investors?
Although the conflict between Russia and Ukraine has affected the cryptocurrency market, investors seem to have continued to explore altcoins. CoinGecko’s cryptocoin.com According to the data shared with Turkey, investors in Turkey mostly searched for the following altcoins during the week of February 19-25, 2021:
- Star Atlas DAO
- UniMex Network
- Baby Doge Coin
- BENQI
- Paris Saint-Germain Fan Token
- Bone ShibaSwap
- BlockBank
- everdome
- Atletico Madrid Fan Token
- moonbeam
The most sought after coins around the world were Everdome, Moonbeam, Telos, Smooth Love Potion, Phantom, and Cellframe. The rest of the list is as follows:
- Binance Coin
- polygon
- bitcoin
- Ethereum
- Avalanche
- looksRare
- terra
- Baby Doge Coin
- wither
- JUNO
- strong
- Premiere
- cosmos
- The Sandbox
- shiba inu
- Alpine F1 Team Fan Token
- DeHub
- API3
- osmosis
- magic
- Anchor Protocol
- Tether
- Axie Infinity
- Wonderland
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