What is the Situation with Bitcoin and Altcoins: General Overview (8 May ) - Coin Bulletin

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Bit****coin and altcoins status: General overview of the markets (7 May)

  • Bitcoin is trading at 98,920 dollars with a 2.4% increase during the writing, while it is trading at 3,667,510 TL against the Turkish lira.
  • Ethereum (ETH) up 3.9% 1,903, BNB (BNB) up 1.2% 611, Ripple (XRP) 2% up 2.18**,** Dogecoin (DOGE) up 4.8% 0.1805, Cardano (ADA) 3.8% up 0.702, Solana (SOL) 3% It is up around 150 and Tron (TRX) is up 2.4% to around 0.2501.
  • In the last 24-hour period, EOS (EOS) has risen by %20.9 to become the top gaining altcoin, while Monero (XMR) has decreased by %1.2, making it the top losing altcoin.
  • EOS (EOS) is trading at 0.836 dollars, while Monero (XMR) is trading at 283 dollars.
  • The dollar index (DXY) is hovering at the 100.04 level.
  • While Bitcoin's market value is around 1.98 trillion dollars, the total value of the cryptocurrency market is at levels of 3.16 trillion dollars.
  • The 24-hour trading volume of the cryptocurrency market is around 133 billion dollars.
  • Dollar/TL is trading at 38.65, while the Euro/TL parity is at 43.76.
  • In the last 24-hour period, 296 million dollars were liquidated from the cryptocurrency market, affecting more than 107 thousand cryptocurrency investors.
  • Liquidated positions accounted for 71.54% of the total, with short (short positions making up the majority, and the most liquidations occurred in Bitcoin )BTC(.
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