Bitcoin and Altcoins: Market Status on November 17th

On November 17, the cryptocurrency market is experiencing a noteworthy day. Bitcoin is trading at around $95,102, having decreased by 0.7% at the time of writing. In Turkish lira, this equals 4,029,669 TL. The second largest cryptocurrency in the market, Ethereum (ETH), has fallen to $3,185, down 0.6%.

Other altcoins are also following a similar downward trend. BNB (BNB) is down 1% at $933, Ripple (XRP) has dropped 0.1% to $2.25, Dogecoin (DOGE) is down 1.3% at $0.1612, Solana (SOL) is down 0.7% to $140.59, and TRON (TRX) has declined by 1.4% to $0.2927.

The biggest gainer in the last 24 hours is Aster (ASTER) with a 6.1% increase, trading at $1.24. On the other hand, Monero (XMR) stands out as the biggest loser, having decreased by 7.2% to $396.16.

Some changes are also observed in currency exchange rates. The dollar index is at 99.44, the Dollar/TL opened the week at 42.33, and the Euro/TL parity is trading at 49.14. The total value of the cryptocurrency market is around $3.32 trillion, while Bitcoin’s market value is recorded at $1.89 trillion. The 24-hour cryptocurrency market volume is hovering around $174 billion.

In the past 24 hours, a total of $619 million was liquidated in the cryptocurrency market, affecting over 151,000 cryptocurrency investors. 63.98% of the liquidated positions were long positions, and the asset with the most liquidations was Bitcoin.