Bitcoin and Altcoins: Market Overview (August 6)
Bitcoin is trading at $55,942, up 7% at the time of writing, and at TL1,835,567 against the Turkish lira.
Ethereum (ETH) is up 10.6% to 2,512, BNB (BNB) is up 18% to 432, Ripple (XRP) is up 15.8% to 0.467, Dogecoin (DOGE) is up 11.9% to 0.1197, Toncoin (TON) is up 8.6% to 5.92, and Solana (SOL) is up 20% to around $144.
In the last 24-hour period, Bittensor (TAO) is the altcoin that has fallen the most, down 39.2%, while TRON (TRX) is the altcoin that has fallen the least, down 0.5%.
Bittensor (TAO) is trading at $253, while TRON (TRX) is trading at $0.12.
The dollar index (DXY) is trading at 102.9.
While Bitcoin's market value is around $1.04 trillion, the total value of the cryptocurrency market is at $1.941 trillion.
The volume of the 24-hour cryptocurrency market is around $95 billion.
The USD/TL parity is at 33.41 with a 0.65% increase, while the Euro/TL parity is at 36 with a 0.25% increase.
While $907 million was liquidated from the cryptocurrency market in the last 24-hour period, more than 233 thousand cryptocurrency investors were affected by this situation.
While 86.15% of the liquidated positions were long positions, the most liquidation occurred in Bitcoin (BTC).
Stay tuned for new information