Bitcoin and Altcoin Prices: January 10 Market Analysis

As of January 10, the latest situation in Bitcoin and altcoins is drawing the attention of investors. Bitcoin has increased by 0.4% to reach $90,966. Against the Turkish Lira, the Bitcoin price is trading at approximately 3,926,771 TL.

On the other hand, Ethereum has decreased by 0.4% to $3,115, while BNB is trading at $896 with a 0.4% increase. Ripple (XRP) has dropped by 0.3% to $2.13, and Dogecoin (DOGE) has fallen by 1.8% to $0.1426. However, fluctuations are observed in the prices of Solana (up 2.5%) and TRON (down 1.3%).

In the last 24 hours, POL (formerly known as MATIC) has become the biggest gainer altcoin with a 14.2% rise, while Pepe has been the biggest loser altcoin, dropping by 6.1%. As of writing, POL is trading at $0.1465, while Pepe is at $0.00000612.

Meanwhile, the dollar index (DXY) is moving at 98.99, Bitcoin's market cap is around $1.81 trillion, and the total value of the cryptocurrency market has reached $3.19 trillion. The 24-hour trading volume is approximately $120 billion. The dollar/TL is trading at 43.15, and the Euro/TL parity is at 50.31.

In the last 24 hours, $364 million worth of positions were liquidated in the cryptocurrency market, affecting over 110,000 investors. Long positions made up 77.81% of the liquidated positions, and the most liquidations occurred in Bitcoin.

In light of these developments, it is recommended that investors closely monitor market trends and determine their strategies considering critical support-resistance levels.