October 31 Cryptocurrency Market: The Current Status of Bitcoin and Altcoins

In the overall outlook of the cryptocurrency market as of October 31, Bitcoin is trading at $109,739 with a 0.4% decrease, while against the Turkish lira, it is trading around 4,626,692 TL. Other significant cryptocurrencies are also showing a similar downward trend. Ethereum (Ethereum) has dropped 1.9% to $3,841, BNB (BNB) is down 1.6% at $1,095, Ripple (Ripple) has decreased 3.1% to $2.48, Dogecoin (Dogecoin) is down 3.2% at $0.1849, and Solana (Solana) has fallen 5% to $185.5. TRON (TRX) is trading at $0.2948 with a 0.4% decrease.

In the last 24 hours, Zcash (Zcash) has shown an impressive performance, becoming the most rising altcoin with an 8.2% value increase, currently trading at $343.09. However, Provenance Blockchain (HASH) has emerged as the altcoin with the most significant decline, with a 9.1% drop currently priced at $0.03071.

Exchange rates are another factor affecting the cryptocurrency market. The dollar index (DXY) is trading at around 99.01, while the Dollar/TL is at 41.95 and the Euro/TL parity is at 48.90. Bitcoin’s market capitalization is approximately $2.20 trillion, while the total cryptocurrency market value stands at $3.82 trillion.

The trading volume in the cryptocurrency market in the last 24 hours is $187 billion. However, according to recent data, $818 million has been liquidated from the cryptocurrency market, affecting more than 165,000 cryptocurrency investors. Long positions make up 75.09% of the liquidated positions, with the most liquidations occurring in Bitcoin (Bitcoin).