Current Status of Bitcoin and Altcoins: Market Analysis (October 4)

The current situation of Bitcoin and altcoins continues to be a major topic of interest for investors. As of October 4th, Bitcoin is trading at a level of $122,575, with an increase of 2.2% at the time of writing. Against the Turkish lira, the price of Bitcoin is hovering around 5,108,380 TL.

On the other hand, Ethereum (ETH) has reached $4,514 with an increase of 0.9%, attracting attention. Binance Coin (BNB) has risen to $1,174 with a gain of 7.3%, while Ripple (XRP) and Dogecoin (DOGE) have experienced declines of 0.1% and 0.7% respectively. Ripple's price has decreased to $3.03, while Dogecoin is trading at $0.2553. Additionally, Solana (SOL) and TRON (TRX) have seen decreases of 0.3% and 0.9% respectively, standing at $230.02 and $0.3411.

In the last 24 hours, the altcoin that has appreciated the most is OKB, rising 19.2% to $230.17. Meanwhile, Provenance Blockchain (HASH) has become the altcoin with the most value loss, decreasing 13% to $0.03707. The total market value of the cryptocurrency market has reached approximately $4.29 trillion, while Bitcoin's market value is around $2.44 trillion.

In the forex market, the Dollar/TL parity closed the week at 41.69, while the Euro/TL parity is trading above 48.79. Within 24 hours, approximately $211 billion in trading volume has been recorded in the cryptocurrency market, with around $454 million liquidated from market participants. This situation has adversely affected more than 123,000 cryptocurrency investors.

The critical levels and market movements that investors need to monitor closely stand out as an important investment strategy during this period. Setting short and long-term targets can be a determining factor in adapting to market conditions.