What is the Situation with Bitcoin and Altcoins: A General Overview ( May ) - Coin Bulletin

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Bit****coin and altcoins status: Overview of the markets (7 May)

  • Bitcoin is trading at $96,596 with an increase of %2.3 during the writing, while it is trading at 3,667,510 TL against the Turkish lira.
  • Ethereum (ETH) 1.7% up 1,832, BNB (BNB) 1 up 604, Ripple (XRP) 1.1% up 2.14**,** Dogecoin (DOGE) up 1.5% 0.172, Cardano (ADA) 2.3% up 0.677, Solana (SOL) 0.9% It is up around 146 and Tron (TRX) is up 0.1% at 0.244.
  • In the last 24 hours, Flare (FLR) has become the highest rising altcoin with an increase of %6.9 while Sonic (S) has seen a price drop of %4.1, making it the lowest declining altcoin.
  • Flare (FLR) is trading at 0.02001 dollars, while Sonic (S) is trading at 0.5263 dollars.
  • The dollar index (DXY) is hovering at 99.73 level.
  • While Bitcoin's market value is around 1.87 trillion dollars, the total value of the cryptocurrency market is around 3.05 trillion dollars.
  • The 24-hour volume of the cryptocurrency market is around 59 billion dollars.
  • Dollar/TRY is trading at 38.58, while Euro/TRY is trading at 43.76.
  • In the last 24-hour period, 210 million dollars were liquidated from the cryptocurrency market, affecting more than 75 thousand cryptocurrency investors.
  • The 80.93% of the liquidated positions were made up of long (long positions, with the most liquidations occurring in Bitcoin at )BTC(.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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