How Bitcoin and Altcoins Are Doing: Markets Overview (March 7) - Coin Newsletter

How are Bitcoin and altcoins doing: An overview of the markets (March 7)

  • At the time of writing, Bitcoin is down 0.7% at 65,786 dollars and is trading at 2,133,997 TL against the Turkish lira.
  • Ethereum (ETH) down 0.5% to 3,753, BNB (BNB) up 4.3 to 424, Ripple (XRP) up 1.5% to 0.615, Dogecoin (DOGE) down 11.3 to 0.147, Cardano (ADA) down 0.1 to 0.722 and Solana (SOL) 5.3% up to $136.8.
  • In the last 24-hour period, Ribbon Finance (RBN) was the altcoin that rose the most with an increase of 73.8%, while Bonk (BONK) was the altcoin whose price decreased the most with a decrease of 19.8**. **Ribbon Finance (RBN) is trading at $1.43, while Bonk (BONK) is trading at 0.00002685 USD.
  • The dollar index (DXY) is hovering at 103.27.
  • Bitcoin's market cap is around $1.29 trillion, while the total cryptocurrency market cap is around $2.6 trillion.
  • The volume of the 24-hour cryptocurrency market is around $202 billion.
  • Dollar/TL is at 31.82with an increase of **0.29%, Euro/TL parity is at 34.77 with an increase of **0.46%****.
  • In the last 24-hour period, 312 billion dollars were liquidated from the cryptocurrency market, while more than 102 thousand cryptocurrency investors were affected by this situation.
  • 61.98% of the liquidated positions were long positions, with the highest number of liquidations occurring in Bitcoin (BTC).
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