Current Status of Bitcoin and Altcoins: January 2, 2023

As of January 2, 2023, the price of Bitcoin has reached $88,643 with a 1.3% increase. Against the Turkish lira, Bitcoin is trading at approximately 3,797,848 TL. While the interest of cryptocurrency investors is increasing, other significant assets are also showing a similar rise.

Ethereum has risen by 1.3% to $3,012, while BNB has gained 0.3%, increasing to $865. Ripple (XRP) has increased by 1.6% to $1.87, and Dogecoin (DOGE) has attracted attention with an 8.6% rise to $0.128. Solana (SOL) has risen by 1.8% to $127.2, and TRON (TRX) is trading at $0.285 with a 0.6% increase.

In the last 24 hours, Pepe (PEPE) has become the best-performing altcoin with a 27.7% increase, while Midnight (MIDNIGHT) stands out as the altcoin with the largest decrease, showing a 9.4% drop. Currently, Pepe is trading at $0.00000523, and Midnight has declined to $0.088.

It is important to note that the dollar index (DXY) stands at 98.32 to better understand the market movements. The market capitalization of Bitcoin remains at approximately $1.76 trillion, while the total value of the cryptocurrency market has reached $3.09 trillion. In the last 24 hours, the trading volume in the cryptocurrency market is around $68 billion.

Regarding exchange rates, the Dollar/TL is trading at 42.96, and the Euro/TL is at 50.57. Another noteworthy development for investors is that a total of $135 million has been liquidated from the cryptocurrency market in the last 24 hours. This situation has affected more than 62,000 investors. Short positions constitute 55.55% of the liquidated positions, with the most liquidation occurring on Bitcoin.