Bitcoin and Altcoins Latest Status: Market Analysis (November 22)

As of November 22, significant movements are being observed in the cryptocurrency market. Bitcoin is currently trading at $84,587, with a %1.1 loss, while it has declined to 3,588,383 TL against the Turkish lira. Among other important cryptocurrencies, Ethereum (ETH) has dropped %1 to $2,764, BNB decreased by %2.5 to $830, Ripple (XRP) fell %0.7 to $1.95, Dogecoin (DOGE) decreased by %4.8 to $0.139, Solana (SOL) dropped %2.3 to $127.93, and TRON (TRX) fell %1.8 to $0.2759.

In the last 24 hours, World Liberty Financial (WLFI) was the highest rising altcoin with a %14.5 increase, while Zcash (ZEC) faced the largest decrease at %23.1. World Liberty Financial (WLFI) is trading at $0.1458 and Zcash (ZEC) is trading at $506.10. The Dollar Index (DXY) fluctuates around 100.18.

The market capitalization of Bitcoin in the cryptocurrency market is around $1.68 trillion, while the total cryptocurrency market cap has reached $2.97 trillion. The total market volume in the cryptocurrency market over the last 24 hours is estimated to be approximately $266 billion. The Dollar/TL closed the week at 42.33, while the Euro/TL parity stands at 48.73.

In the last 24 hours, $1.68 billion was liquidated in the cryptocurrency market, affecting more than 358,000 investors. 85.66% of the liquidated positions were long positions, with the most liquidation occurring in Bitcoin. For investors, this situation should serve as an important indicator to carefully monitor market movements and make strategic decisions.