October 30 Cryptocurrency Market Situation: Bitcoin and Altcoin Analysis

As of October 30, significant developments are taking place in the cryptocurrency market. Bitcoin is trading at around $110,268 with a 2.6% loss at the time of writing, while it is valued at approximately 4,626,692 TL against the Turkish lira. This decline is causing uncertainty among investors.

During this period, Ethereum has dropped to $3,916 with a 2.8% loss, while BNB has increased slightly by 0.3% to reach $1,113. Other significant altcoins, such as Ripple and Dogecoin, have also experienced losses of 2.3% and 1.5%, currently standing at $2.56 and $0.1911, respectively. Solana’s price remains unchanged at $195.24, while TRON is trading at $0.2958 with a 0.4% decline.

In the last 24 hours, Zcash has been the highest-gaining altcoin, reaching $343.09 with an 8.2% increase. On the other hand, Provenance Blockchain has declined by 9.1%, falling to $0.03071. The dollar index is currently at 99.01.

The market capitalization of Bitcoin is around $2.20 trillion, while the total value of the cryptocurrency market is approximately $3.82 trillion. The trading volume recorded in the last 24 hours is $187 billion. Additionally, the Dollar/TL is trading at 41.95 and the Euro/TL exchange rate is at 48.90.

Within the last 24 hours, the market has experienced a liquidations totaling $818 million, negatively impacting over 165,000 investors. Of the liquidated positions, 75.09% comprised long positions, with the most liquidations occurring in Bitcoin.

Critical levels that investors should pay attention to during this period include Bitcoin’s support at $110,000 and Ethereum’s level at $3,900. The market's development offers significant signals for investors.