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What’s the current status of Bitcoin and altcoins: Market Overview (February 24)
Bitcoin is currently trading at around $63,211, down 3.7%, and approximately 2,773,486 TRY against the Turkish lira.
Ethereum (ETH) has decreased by 2.9% to $1,826, BNB (BNB) is down 1.5% at $589, Ripple (XRP) has fallen 1.9% to $1.33, Dogecoin (DOGE) is down 2.9% at $0.09127, Solana (SOL) has decreased by 2.3% to $76.77, and TRON (TRX) is down 2% at $0.2818.
In the last 24 hours, the highest gaining altcoin was pippin (PIPPIN) with an 11.5% increase, while Bitcoin Cash (BCH) experienced the largest decrease with a 10.5% drop.
At the time of writing, pippin (PIPPIN) is trading at $0.7457, and Bitcoin Cash (BCH) is at $484.02.
The DXY dollar index (DXY) is hovering around 97.39.
While Bitcoin’s market cap is approximately $1.26 trillion, the total cryptocurrency market value is around $2.26 trillion.
The 24-hour trading volume in the crypto market is approximately $116 billion.
The USD/TRY exchange rate is at 43.85, and the EUR/TRY rate is at 51.71.
In the last 24 hours, $377 million worth of positions were liquidated in the crypto market, affecting over 119,000 crypto investors.
Liquidated positions are composed of 76.47% long (long) positions, with Bitcoin (BTC) experiencing the highest liquidation.