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What’s the Current Status of Bitcoin and Altcoins: Market Overview (May 18)
Bitcoin is trading at $76,703.13 with a 1.8% decrease during writing, and approximately 3,496,106 TRY against the Turkish Lira.
Ethereum (ETH) is down 3.3% to $2,113.99, BNB (BNB) is down 2.3% to $640, Ripple (XRP) is down 2.3% to $1.39, Dogecoin (DOGE) is down 4% to $0.1056, Solana (SOL) is down 2.7% to $84.59, and TRON (TRX) is up 0.6% to $0.3564.
In the last 24 hours, MAGA Bitcoin MBTC increased by 233.1%, making it the top gainer among altcoins, while Irys IRYS decreased by 20.5%, making it the biggest loser.
MAGA Bitcoin MBTC is trading at $0.1727 during writing, and Irys IRYS is at $0.03848.
The dollar index (DXY) is hovering around 99.28.
While Bitcoin’s market cap is around $1.8 trillion, the total cryptocurrency market value is approximately $2.638 trillion.
The 24-hour trading volume in the crypto market is around $66.598 billion.
The USD/TRY exchange rate is 45.5797, and the EUR/TRY rate is 52.9901.
In the last 24 hours, $664.47 million worth of positions were liquidated in the crypto market, affecting over 108,954 crypto investors.
89.58% of the liquidated positions were long (buy) positions, with the most liquidations occurring in Ethereum (ETH).