Bitcoin and Altcoins' Current Status: Market Report (November 7)

As of November 7, notable developments in the cryptocurrency markets continue to unfold. Bitcoin is currently trading at around $102,250, with a decrease of %0.8. Against the Turkish lira, this value is approximately 4,370,722 TL. While investors are focusing on market fluctuations, they are closely monitoring the performance of altcoins as well.

Ethereum (ETH) is trading at $3,358 with a %0.9 decrease, while BNB (BNB) has risen by %1.7 to $968. On the other hand, Ripple (XRP) has decreased by %4.3 to around $2.23, while Dogecoin (DOGE) has seen an increase of %1.2, surpassing $0.166. Solana (SOL) is trading at $157.8, with a %1 decrease, while TRON (TRX) has fallen by %0.2 to $0.286.

According to the performance assessment in the last 24 hours, Filecoin (FIL) became the biggest gainer in the market, rising by %59.8 and reaching $2.15. Meanwhile, Aster (ASTER) has dropped by %5.9 to $1.03, taking the position of the biggest loser.

The dollar index (DXY) is currently at 99.73, affecting the cryptocurrency markets as well. As of the current market value data, Bitcoin's market capitalization is estimated at $2.039 trillion, while the total cryptocurrency market value is around $3.503 trillion. The 24-hour market volume is approximately $178 billion.

In terms of exchange rates, the Dollar/TL is trading at 42.2, and the Euro/TL is at 48.75. In the last 24 hours, a total of $581 million in liquidations occurred in the cryptocurrency market. This affected more than 208,000 investors, with %65.28 of those positions being long (long) positions. The largest liquidations occurred on Bitcoin.