Current Status of Bitcoin and Altcoins: January 2, 2023

As of January 2, 2023, the price of Bitcoin has reached a level of $88,643, marking a 1.3% increase. Against the Turkish lira, Bitcoin is trading at approximately 3,797,848 TL. As the interest of cryptocurrency investors rises, other significant assets have also exhibited a similar upward trend.

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

In the last 24 hours, Pepe (PEPE) has become the altcoin that gained the most value with a 27.7% increase, while Midnight (MIDNIGHT) stands out as the altcoin that dropped the most with a 9.4% decrease. Currently, Pepe is trading at $0.00000523, while Midnight has fallen to $0.088.

To better understand the market movements, it is important to note that the dollar index (DXY) stands at 98.32. The market capitalization of Bitcoin remains around $1.76 trillion, while the total value of the cryptocurrency market has reached $3.09 trillion. In the last 24 hours, the volume of the cryptocurrency market has averaged 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. Among the liquidated positions, 55.55% were short positions, and the most significant liquidation occurred on Bitcoin.