Bitcoin and Altcoins: Market Overview (28 February) - Coin Bulletin

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What is the current situation of Bitcoin and altcoins: An overview of the markets on 28 February (28 )

  • Bitcoin is trading at $79,471 with a %7.5 loss at the time of writing, while it is trading at 3,120,081 TL against the Turkish lira.
  • Ethereum (ETH) %10.1 decrease to 2,104, BNB (BNB) %7.8 decrease to 567, Ripple (XRP) %9.1 decrease to 2.01**,** Dogecoin (DOGE) %10.5 decrease to 0.1857 , Cardano (ADA) %11.3 decrease to 0.5877, Solana (SOL) around 126 dollars with a %9.5 decrease.
  • In the last 24-hour period, Berachain (BERA)%1.7 recorded the highest increase among altcoins, while Bittensor (TAO) experienced a %18.1 decrease, making it the biggest decliner in price.
  • Berachain (BERA) is trading at 7.73 dollars, while Bittensor (TAO) is trading at 298 dollars during the writing.
  • The dollar index (DXY) is trading at 107.37.
  • When Bitcoin's market value is around $1.7 trillion, the total value of the cryptocurrency market is at $2.95 trillion.
  • The volume of the cryptocurrency market in the last 24 hours is around 185 billion dollars.
  • Dollar/TL is at 36,53 level, Euro/TL parity is at 37,97 level. *During the last 24-hour period, 838 million dollars were liquidated from the cryptocurrency market, affecting more than 211,000 cryptocurrency investors.
  • 87.17% of the positions being liquidated are long positions, with the most liquidation occurring in Bitcoin with (BTC).
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