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What’s the Current Situation of Bitcoin and Altcoins: Market Overview (May 31)
Bitcoin is trading at $73,893.25 with a 0.6% increase during the writing, and around 3,388,560 TRY against the Turkish Lira.
Ethereum (ETH) is up 0.7% at $2,025.86, BNB (BNB) has increased by 10.5% to $736.08, Ripple (XRP) has decreased by 0.5% to $1.34, Dogecoin (DOGE) is down 0.5% at $0.1007, Solana (SOL) is up 0.5% at $82.79, and TRON (TRX) has increased by 1.1% to $0.3466.
In the last 24 hours, Hive (HIVE) surged by 43.4%, making it the top gainer among altcoins, while PlaysOut (PLAY) fell by 17.9%, making it the biggest loser.
Hive (HIVE) is trading at $0.08399 during the writing, and PlaysOut (PLAY) at $0.07213.
The DXY dollar index is hovering around 98.91.
While Bitcoin’s market cap is around $1.8 trillion, the total cryptocurrency market value is approximately $2.586 trillion.
The 24-hour trading volume in the crypto market is around $53.542 billion.
The USD/TRY exchange rate is at 45.8575, and the EUR/TRY rate is at 53.4698.
In the last 24 hours, $93.59 million worth of positions were liquidated in the crypto market, affecting over 57,506 crypto investors.
Short (sell) positions accounted for 61.76% of the liquidations, with Bitcoin (BTC) experiencing the highest liquidation. #DailyPolymarketHotspot