Bitcoin and Altcoins Update: Market Overview (August 4)
- Bitcoin is trading around $63,779.43 with a 1.5% increase at the time of writing, and around 3,032,999 TL against the Turkish Lira.
- Ethereum (ETH) is at $1,862.86 (+0.4%), BNB (BNB) at $589.62 (+1.2%), Ripple (XRP) at $1.08 (+0.5%), Dogecoin (DOGE) at $0.07025 (+0.7%), Solana (SOL) at $73.72 (+1.2%), and TRON (TRX) at $0.3286 (+0.8%).
- In the last 24-hour period, Cash Cat (CASHCAT) became the top-gaining altcoin with a 71.7% rise, while FONQ (FONQ) was the biggest loser with a 28.1% price decline.
- At the time of writing, Cash Cat (CASHCAT) is trading at $0.0737, while FONQ (FONQ) is trading at $0.06258.
- The US Dollar Index (DXY) is hovering at the 100.04 level.
- While Bitcoin’s market cap is around $1.8 trillion, the total cryptocurrency market cap is at the $2.273 trillion level.
- The 24-hour cryptocurrency market volume is around $56.064 billion.
- USD/TRY is trading at 47.5545, while the EUR/TRY parity is trading at the 54.7621 level.
- In the last 24-hour period, $247.05 million was liquidated from the cryptocurrency market, affecting more than 64,710 investors.
- Short positions accounted for 60.07% of the liquidated positions, with the highest liquidations occurring in Ethereum (ETH).
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