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What’s the Situation With Bitcoin and Altcoins: Market Overview (July 28)
Bitcoin, during its writing, is trading at $63,341.69 with a 2.8% drop; against the Turkish Lira, it is trading around 3,001,066 TL.
Ethereum (ETH) is down 3.6% to $1,879.53, BNB (BNB) is down 1.4% to $564.34, Ripple (XRP) is down 4.4% to $1.06, Dogecoin (DOGE) is down 3.9% to $0.06985, Solana (SOL) is down 4% to $73.1, and TRON (TRX) is down 2.2% to $0.3242.
In the past 24-hour period, COTI (COTI) became the top-rising altcoin with a 72% increase, while up (UP) was the altcoin with the biggest decline in price, down 39.5%.
At the time of writing, COTI (COTI) is trading at $0.01275, while up (UP) is trading at $0.05262.
The U.S. dollar index (DXY) is trading at the 101.55 level.
Bitcoin’s market cap is around $1.8 trillion, while the total value of the crypto market is at around $2.26 trillion.
The trading volume of the 24-hour crypto market is also hovering around $66.677 billion.
The Dollar/TRY (Dolar/TL) is trading at 47.379, while the Euro/TRY (Euro/TL) pair is trading at 53.8883.
Over the past 24 hours, $661.95 million was liquidated from the crypto market, affecting more than 165,672 crypto investors.
Long positions (uzun) accounted for 82.81% of the liquidated positions. Liquidations were highest in Bitcoin (BTC).