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What’s the Current Status of Bitcoin and Altcoins: Market Overview (May 7)
Bitcoin is trading at $80,967 with a 0.4% decrease at the time of writing, while against the Turkish Lira it is being traded at around 3,663,311 TL.
Ethereum (ETH) is down 1.6% to $2,325.53, BNB (BNB) is up 1.8% to $646.18, Ripple (XRP) is down 1.2% to $1.41, Dogecoin (DOGE) is down 4.6% to $0.1106, Solana (SOL) is up 1.2% to $88.47, and TRON (TRX) is up 0.1% to $0.3444.
Over the past 24 hours, B3 (Base) became the best-performing altcoin with a 273.1% rise, while Block Street BSB was the altcoin with the biggest decline, with a 19.3% drop.
At the time of writing, B3 (Base) is trading from $0.001639, while Block Street BSB is trading from $0.4724.
The U.S. Dollar Index (DXY) is hovering around 98.03.
Bitcoin’s market value is around $1.8 trillion, while the total value of the cryptocurrency market is at the $2.771 trillion level.
The 24-hour trading volume of the crypto market is also around $114.35 billion.
The USD/TRY is trading at 45.2445, and the EUR/TRY pair is trading at 53.2898.
Over the past 24 hours, $512.18 million was liquidated from the cryptocurrency market, and 136,434 crypto investors were affected.
Short positions account for 55.51% of the liquidated positions, and the most liquidations occurred in Bitcoin (BTC).
#CryptoStocksRally