How Bitcoin and Altcoins Are Doing: Markets Overview (Feb. 7) - Coin Newsletter

How are Bitcoin and altcoins doing: An overview of the markets (Feb. 7)

  • Bitcoin/USDT is trading at $42,982**, up 0.6% at the time of writing, and at 1,317,670 TL against the Turkish lira**.
  • Ethereum (ETH) up 2.3% to 2,363, BNB (BNB) up 0.5% to 302, Ripple (XRP) down 0.3% to 0.502, Avalanche (AVAX) down 0.1 to 34.13, Cardano (ADA) down 0.3 to 0.489 and Solana (SOL) up 0.5% to $95.81**.
  • In the last 24-hour period, Dymention (DYM) was the altcoin that rose the most with an increase of 46%, while Monero (XMR) was the altcoin whose price decreased the most with a decrease of 26%. **Dymention (DYM) is trading at $5.16, while Monero (XMR) is trading at 122.9 USD.
  • The dollar index (DXY) was down 0.11% at 104.10.
  • Bitcoin's market cap is around $843 billion, while the total cryptocurrency market cap is around $1.73 trillion.
  • The volume of the 24-hour cryptocurrency market hovers around $53 billion.
  • Dollar/TL started the day at 30.59 with an increase of **0.89%****, while the Euro/TL parity started at 32.95 with an increase of 0.77%.
  • In the last 24-hour period, 81 million dollars were liquidated from the cryptocurrency market, while more than 35 thousand cryptocurrency investors were affected.
  • 51.54% of the liquidated positions were short positions, while the most liquidations occurred in Bitcoin (BTC).
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