How Are Bitcoin and Altcoins Doing: Markets Overview (Feb. 1) - Koin Newsletter

How are Bitcoin and altcoins doing: An overview of the markets (Feb. 1)

  • Bitcoin/USDT is down 2% at $42,109 at the time of writing, and is trading at 1,288,113 TL against the Turkish lira.
  • Ethereum (ETH) is down 2.9% to 2,268, BNB (BNB) is down 2.7 to 306, Ripple (XRP) is down 3.5 to 0.4937, Avalanche (AVAX) is down 5.2 to 32.99, Cardano (ADA) is down 4 to 0.489 and Solana (SOL) is down 6.6 to $94.22**.
  • In the last 24-hour period, SATS (SATS) was the altcoin that rose the most with an increase of 6%, while Manta Network (MANTA) was the altcoin whose price decreased the most with a decrease of 14.7%. **SATS (SATS) is trading at $0.000000524, while Manta Network (MANTA) is trading at $2.94.
  • The dollar index (DXY) was up 0.2% at 103.6.
  • Bitcoin's market cap is around $842 billion, while the total cryptocurrency market cap stands at $1.733 trillion.
  • The volume of the 24-hour cryptocurrency market hovers around $63 billion.
  • Dollar/TL opened the new day at 30.36 with an increase of 0.13%****, The Euro/TL parity opened at 32.86 with an increase of 0.01%.
  • In the last 24-hour period, 115 million dollars were liquidated from the cryptocurrency market, while more than 44 thousand cryptocurrency investors were affected by this situation.
  • 66.66% of the liquidated positions were long positions, with the highest number of liquidations occurring in Bitcoin (BTC).
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