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State of Bitcoin and Altcoins: Market Overview (August 5)

  • At the time of writing, Bitcoin is trading at $64,271.53 with a 0.6% increase, and around 3,057,808 TL against the Turkish Lira.
  • Ethereum (ETH) is at $1,870.65 with a 0.3% increase, BNB (BNB) at $601.03 with a 1.8% increase, Ripple (XRP) at $1.07 with a 0.8% decrease, Dogecoin (DOGE) at $0.06985 dollars with a 0.5% decrease, Solana (SOL) at $74.02 with a 0.5% increase, and TRON (TRX) at $0.3266 with a 0.6% decrease.
  • In the last 24-hour period, Cysic (CYS) became the top-gaining altcoin with a 77.7% rise, while FUNToken (FUN) became the altcoin with the largest price decrease at 35.7%.
  • Cysic (CYS) is trading at $0.5187 at the time of writing, and FUNToken (FUN) is trading at $0.002986.
  • The Dollar Index (DXY) is hovering at the 99.83 level.
  • Bitcoin’s market cap is around $1.8 trillion, while the total value of the cryptocurrency market is at $2.272 trillion.
  • The 24-hour cryptocurrency market volume is hovering around $53.213 billion.
  • USD/TRY is trading at 47.5764 level, and the EUR/TRY parity is trading at 54.9286 level.
  • In the last 24-hour period, $206.09 million was liquidated from the cryptocurrency market, affecting more than 67,341 crypto investors.
  • Short positions accounted for 67.98% of the liquidated positions, with the most liquidations occurring in Bitcoin (BTC).
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