Bitcoin and altcoins: Markets overview (November 7)
At the time of writing, Bitcoin is trading at $74,590, down 0.1%, and at TL2,553,195 against the Turkish lira.
Ethereum (ETH) is up 9.2% to $2,830, BNB (BNB) is up 3% to $597, Ripple (XRP) is up 4.6% to $0.557, Dogecoin (DOGE) is down 7% to $0.192, TRON (TRX) is down 0.3% to $0.161, and Solana (SOL) is up 1.6% to $188.
In the last 24-hour period, Ethena (ENA) became the altcoin that rose the most with a 24% increase, while Dogecoin (DOGE) became the altcoin that decreased the most with a 7% decrease.
Ethena (ENA) is trading at $0.5, while Dogecoin (DOGE) is trading at $0.192.
The dollar index (DXY) is trading at 104.92.
While Bitcoin's market value is around $1.475 trillion, the total value of the cryptocurrency market is at $2.63 trillion.
The volume of the 24-hour cryptocurrency market is around $207 billion.
The USD/TRY parity is at 34.2, up 0.09%, while the EUR/TRY parity is at 36.86, up 0.45%.
While $418 million was liquidated from the cryptocurrency market in the last 24-hour period, more than 120,000 cryptocurrency investors were affected by this situation.
While 59.05% of the liquidated positions were short positions, the most liquidations occurred in Bitcoin (BTC).
Stay tuned.