Bitcoin and Altcoins' Current Status: Market Analysis (November 15)

In recent days, there have been noteworthy movements in the cryptocurrency markets. Bitcoin is trading at around $96,103, with a value loss of %0.5 at the time of writing. Against the Turkish lira, Bitcoin has reached approximately 4,059,522 TL, continuing to attract the interest of investors.

Meanwhile, other major cryptocurrencies are showing different trends: Ethereum is trading at $3,172 with a %0.1 decrease, while BNB has risen by %1.9, reaching a value of $932. Ripple is trading at $2.28 with a %0.1 decrease, and Dogecoin has increased by %0.7, currently priced at $0.1632. Solana shows a %0.8 increase, reaching $142.56, and TRON has risen by %1.4 to a value of $0.2939. These price fluctuations are among the significant factors affecting market dynamics.

In the last 24 hours, the altcoin that gained the most value is Zcash, reaching $708.22 with an increase of %43.9, while Internet Computer is trading at $5.48 after a %8.9 decrease. The dollar index (DXY) is hovering around 99.13. The market capitalization of Bitcoin is approximately $1.91 trillion, while the total value of the cryptocurrency market is around $3.34 trillion. The 24-hour trading volume in the cryptocurrency market is recorded at $246 billion.

In terms of exchange rates, the Dollar/TL stands at 42.17, and the Euro/TL parity opened at 48.81. In the last 24 hours, approximately $690 million was liquidated from the cryptocurrency market, affecting more than 177,000 investors. Long positions account for %73.34 of the liquidated positions, with the most liquidation occurring in Bitcoin.

In light of all these developments, important levels and market trends should be monitored closely for investors. Especially, the price movements of Bitcoin and the performances of other altcoins hold critical importance for investment strategies.