Bitcoin and Altcoins Current Situation: What’s Happening in the Markets?

As of November 13, the latest situation in Bitcoin and altcoins is drawing the attention of investors. Bitcoin is currently trading at 103,216 dollars, with a -0.1% decline. Against the Turkish lira, *Bitcoin* is approximately at 4,384,806 TL. Looking at other prominent cryptocurrencies, Ethereum has increased by 2.4% to reach 3,530 dollars, while BNB has risen by 1.2% to 969 dollars.

*Ripple* is trading at 2.50 dollars with a 3.9% increase, *Dogecoin* is at 0.1762 dollars with a 2.5% rise, and *Solana* is at 156.31 dollars with a 0.5% increase. On the other hand, *TRON* is valued at 0.2968 dollars, experiencing a -1.1% decline. In the last 24 hours, the altcoin that gained the most is *Zcash*, which has managed to increase by 12% to reach 519.69 dollars. Meanwhile, *Provenance Blockchain* is the most declining altcoin with -8.7%, trading at 0.02974 dollars.

Looking at developments in the foreign exchange market, the dollar index (DXY) stands at 99.56, while the Turkish lira is trading at 42.25 against the dollar. The Euro/TL parity opened at 49.04. The total market value of the cryptocurrency market is around 3.57 trillion dollars, while Bitcoin's market value has reached 2.05 trillion dollars. In the last 24 hours, the trading volume of the cryptocurrency market has hovered around 178 billion dollars, with 581 million dollars being liquidated from the market, affecting more than 143,000 investors. Of the liquidated positions, 76.96% were from long positions, with *Bitcoin* being the most liquidated asset.

In conclusion, it is observed that sudden changes in the cryptocurrency market continue. Investors need to carefully monitor *Bitcoin*'s support and resistance levels, movements in altcoins, and market volume.