How Bitcoin and Altcoins Are Doing: Markets Overview (January 29th) - Coin Newsletter

How are Bitcoin and altcoins doing: An overview of the markets (Jan. 29)

• Bitcoin/USDT is down 0.6% at $42,166 at the time of writing, and is trading at 1,289,213 TL against the Turkish lira.
• Ethereum (ETH) down 0.9% to 2,266, BNB (BNB) up 0.1% to 306, Ripple (XRP) down 0.7% to 0.527, Avalanche (AVAX) down 2.4% to 35, Cardano (ADA) down 0.9% to 0.491 and Solana (SOL) 0.8% up to $96.6**.
• In the last 24-hour period, Conflux (CFX) was the altcoin that rose the most with an increase of 11.8%**, while Bittensor (TAO) was the altcoin whose price decreased the most with a decrease of 6.1. Conflux (CFX) is trading at $0.247, while Bittensor (TAO) is trading at $351.
• The dollar index (DXY) was up 0.01% at 103.48.
• Bitcoin's market cap is around $826 billion, while the total cryptocurrency market cap is around $1.7 trillion.
• The volume of the 24-hour cryptocurrency market is around 44 billion dollars.
• Dollar/TL opened the new week at 30.3 with an increase of **0.23%****, while the Euro/TL parity opened at 32.9 with an increase of 0.18%.
• In the last 24-hour period, $82 million was liquidated from the cryptocurrency market, while more than 36 thousand cryptocurrency investors were affected.
• 70.6% of the liquidated positions were long positions, with the highest number of liquidations occurring in Bitcoin (BTC).