What's the Status of Bitcoin and Altcoins: Market Overview (May 11)

At the time of writing, Bitcoin is traded at $60,869, with a decrease of 3.5%, and at 1,991,407 TL against the Turkish lira.

Ethereum (ETH) down 4.3% to 2,920, BNB (BNB) down 1.7% to 586, Ripple (XRP) down 2% to 0.501, Dogecoin (DOGE) down 5.3% to 0.142, Toncoin (TON) 1%, 9 is up 6.8%, Solana (SOL) is around $145, up 6.4%.

In the last 24-hour period, Akash Network (AKT) was the altcoin that increased the most with an increase of 1.7%, while Bittensor (TAO) was the altcoin that decreased the most with a decrease of 2.1%.

Akash Network (AKT) is trading at $5.99 while Bittensor (TAO) is trading at $392.

The dollar index (DXY) is at 105.6.

While the market value of Bitcoin is around $1.20 trillion, the total value of the cryptocurrency market is around $2.434 trillion.

The 24-hour cryptocurrency market volume is around $76 billion.

Dollar/TL parity is at 32.24 with an increase of 0.2%, and Euro/TL parity is at 34.69 with an increase of 0.14%.

While $157 million was liquidated from the cryptocurrency market in the last 24-hour period, more than 45 thousand cryptocurrency investors were affected by this situation.

While 60.54% of the liquidated positions were long positions, the most liquidations took place in Bitcoin (BTC).

Stay tuned for important data ✅