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What’s the Status of Bitcoin and Altcoins: Market Overview (May 3)
At the time of writing, Bitcoin is trading at $78,156.74, down 0.1%, and around 3,530,496 TL against the Turkish Lira.
Ethereum (ETH) is at $2,301.87, up 0.1%; BNB (BNB) is unchanged at $615.77; Ripple (XRP) is down 0.1% at $1.38; Dogecoin (DOGE) is down 0.1% at $0.1076; Solana (SOL) is unchanged at $83.68; and TRON (TRX) is up 3.2% at $0.3395.
In the past 24 hours, Babylon BABY became the top-rising altcoin with a 55.7% increase, while LAB LAB was the altcoin with the largest decline, with a 44.9% drop in price.
At the time of writing, Babylon BABY is trading at $0.02543, while LAB LAB is trading at $1.13.
The dollar index (DXY) is hovering at 98.16.
While Bitcoin’s market value is around $1.8 trillion, the total value of the cryptocurrency market is also in the range of $2.679 trillion.
The 24-hour trading volume of the crypto market is around $49.898 billion.
The USD/TRY rate is at 45.172, and the EUR/TRY pair is trading at 52.9686.
In the past 24 hours, $172.84 million was liquidated from the crypto market, and this affected more than 131,060 crypto investors.
Short (sell) positions accounted for 66.49% of the liquidated positions, with the most liquidations occurring in Ethereum (ETH).
#USSeeksStrategicBitcoinReserve