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What’s Going On With Bitcoin and Altcoins: Market Overview (July 16)
At the time of writing, Bitcoin is trading at $64,860.92 with a 0% change, and at around 3,052,134 Turkish Lira (TRY).
Ethereum (ETH) is up 2.3% to $1,924.41, BNB (BNB) is up 0.6% to $583.33, Ripple (XRP) is up 0.9% to $1.12, Dogecoin (DOGE) is down 0.2% to $0.07417, Solana (SOL) is down 1% to $77.4, and TRON (TRX) is down 0.7% to $0.3241.
In the past 24 hours, Akedo AKE became the best-performing altcoin with a 158.8% increase, while Pearl PRL was the worst-performing altcoin with a 26.7% decline.
At the time of writing, Akedo AKE is trading at $0.0008397, while Pearl PRL is trading at $0.3001.
The U.S. Dollar Index (DXY) is trading around the 100.51 level.
While Bitcoin’s market value is around $1.8 trillion, the total value of the cryptocurrency market is at levels around $2.304 trillion.
The 24-hour trading volume of the crypto market is also hovering around $65.654 billion.
The Dollar/TRY is trading at the 47.0566 level, while the Euro/TRY pair is trading at 54.0703.
Over the past 24 hours, $303.35 million was liquidated from the crypto market, and this affected more than 77,467 crypto investors.
Short positions account for 59.15% of the liquidated positions, and liquidation occurred the most in Ethereum (ETH).