Bitcoin and Altcoins Update: Market Overview (August 25)
- At the time of writing, Bitcoin is trading around $80,710.33 with a 5% increase, and around 3,882,022 TL against the Turkish Lira.
- Ethereum (ETH) is at $2,507.69 with a 2.9% increase, BNB (BNB) is at $716.71 with a 2.9% increase, Ripple (XRP) is at $1.52 with a 3.1% increase, Dogecoin (DOGE) is at $0.09268 with a 0.7% increase, Solana (SOL) is at $101.56 with an 8.4% increase, and TRON (TRX) is at $0.3445 with a 0.2% increase.
- In the last 24-hour period, DGrid AI DGAI (DGAI) became the top-gaining altcoin with a 95% increase, while Velvet VELVET (VELVET) was the altcoin with the largest price decrease at 77.4%.
- At the time of writing, DGrid AI DGAI (DGAI) is trading at $0.7365, while Velvet VELVET (VELVET) is trading at $0.151.
- The US Dollar Index (DXY) is hovering at the 99.07 level.
- While Bitcoin’s market cap is around $1.8 trillion, the total value of the cryptocurrency market is at the $2.801 trillion level.
- The 24-hour cryptocurrency market volume is hovering around $135.364 billion.
- USD/TRY is trading at 48.0982, while the EUR/TRY parity is trading at 56.0955.
- In the last 24-hour period, $646.64 million was liquidated from the cryptocurrency market, affecting 95,898 cryptocurrency investors.
- Short positions accounted for 70.74% of the liquidated positions, with the most liquidations occurring in Bitcoin (BTC).
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