December 12 Bitcoin and Altcoin Prices: Market Analysis

As of December 12, Bitcoin and altcoins are being closely monitored by investors. Bitcoin has risen to $92,654 with an increase of 2.8%, currently trading around 3,824,723 TL against the Turkish lira. This rise indicates an increased interest from investors in Bitcoin.

According to the data obtained, significant altcoins such as Ethereum (up 2.8% to $3,261), BNB (up 2.8% to $892), Ripple (up 1.3% to $2.04), and Dogecoin (up 2% to $0.141) also show a positive trend. However, assets like Solana (down 5.6% to $131.05) and TRON (down 2.5% to $0.2795) continue to lose value.

In the last 24 hours, the altcoin with the highest increase was Zcash, showing a rise of 10.7% and currently trading at $455. In this case, investors may observe an increased interest in Zcash. On the other hand, World Liberty Financial experienced a decline of 0.8% to $0.1465, making it the altcoin with the most significant decrease in price.

From a currency exchange perspective, the Dollar/TL is trading at 42.61, while the Euro/TL parity is at 49.96. The Dollar index (DXY) is currently at 98.72. Bitcoin’s total market value is approximately $1.84 trillion, and the total value of the cryptocurrency market has reached $3.24 trillion. Additionally, the total trading volume in the cryptocurrency market over the last 24 hours is around $154 billion.

In the last 24 hours, $263 million worth of liquidations occurred in the cryptocurrency market, affecting more than 101,000 cryptocurrency investors. Short positions constituted 58.97% of the liquidated positions, with the majority of liquidations taking place in Bitcoin.

As a result, it is essential for investors to carefully monitor the price movements of Bitcoin and altcoins. Examples like Zcash, in particular, can influence market dynamics and create new opportunities.