State of Bitcoin and Altcoins: Market Overview (July 31)
- At the time of writing, Bitcoin is trading at $64,321.8 with a 0.7% increase, and around 3,056,836 TL against the Turkish Lira.
- Ethereum (ETH) is at $1,905.37 with a 0.3% increase, BNB (BNB) at $589.86 with a 3.2% increase, Ripple (XRP) at $1.08 with a 0.8% increase, Dogecoin (DOGE) at $0.07008 with a 0.7% increase, Solana (SOL) at $74.27 with a 1.1% increase, and TRON (TRX) at $0.3287 with a 0.9% increase.
- In the last 24-hour period, Direxion MU Bull 2X ETF (MUUB) became the top-gaining altcoin with a 57.5% increase, while Lorenzo Protocol BANK was the top loser with a 56.4% decline in price.
- Direxion MU Bull 2X ETF (MUUB) is trading at $29.51 at the time of writing, while Lorenzo Protocol BANK is trading at $0.06926.
- The U.S. Dollar Index (DXY) is hovering at the 100.15 level.
- While Bitcoin’s market cap is around $1.8 trillion, the total value of the cryptocurrency market is at the $2.294 trillion level.
- The 24-hour cryptocurrency market volume is hovering around $58.996 billion.
- USD/TRY is trading at the 47.5241 level, while the EUR/TRY parity is trading at 54.7711.
- In the last 24-hour period, $205.06 million was liquidated from the cryptocurrency market, affecting more than 76,486 crypto investors.
- Short positions accounted for 69.46% of the liquidated positions, with the highest volume of liquidations occurring in Ethereum (ETH).
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