How Are Bitcoin and Altcoins Doing: Markets Overview (Feb. 29) - Coin Newsletter

How are Bitcoin and altcoins doing: An overview of the markets (Feb. 29)

  • Bitcoin/USDT is trading at 62,784 dollars, up 10% at the time of writing, and at 1,968,151 TL against the Turkish lira.
  • Ethereum (ETH) 6.8% up 3,473, BNB (BNB) up 4.5% 415, Ripple (XRP) up 3.1% 0.597, Dogecoin (DOGE) up 34.1 0.127, Cardano (ADA) 8.2% up 0.67 and Solana (SOL) 14.9% up 124.8 dollars.
  • In the last 24-hour period, Bonk (BONK) was the altcoin that rose the most with an increase of 62.2%, while Pyth Network (PYTH) was the altcoin whose price decreased the most with a decrease of 3.8%. Bonk (BONK) is trading at 0.0000224, while Pyth Network (PYTH) is trading at 0.668 ********.
  • The US Dollar Index (DXY) is at 103.87.
  • Bitcoin's market cap is around $1.23 trillion, while the total cryptocurrency market cap is around $2.44 trillion.
  • The volume of the 24-hour cryptocurrency market hovers around $239 billion.
  • Dollar/TL opened the new day at 31.21**,** Euro/TL parity opened at 33.92.
  • In the last 24-hour period, $789 million was liquidated from the cryptocurrency market, while more than 186 thousand cryptocurrency investors were affected by this situation. 55.27% of liquidated positions were short positions, with the highest number of liquidations occurring in Bitcoin (BTC)**.
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