What is the Status of Bitcoin and Altcoins: A General Overview (12 May) - Coin Bulletin

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Bitcoin and altcoins status: General market overview (12 May)

• Bitcoin is trading at $103,917 with an increase of 0.1% during the writing, while it is at 4,028,069 TL against the Turkish lira.
• Ethereum (ETH) -0.9% down to 2,494, BNB (BNB) -0.6% down to 654, Ripple (XRP) -1.4% down to 2.39, Dogecoin (DOGE) -0.2% down to 0.2383, Cardano (ADA) +0.2% up to 0.8119, Solana (SOL) -0.7% down to 174 and Tron (TRX) -0.7% down to 0.264 dollars.
• In the last 24-hour period, Pi Network (PI) had an increase of %42.8, becoming the top rising altcoin, while Optimism (OP) saw a decrease of %4.9, making it the top declining altcoin.
• Pi Network (PI) is trading at 1.33 dollars, while Optimism (OP) is trading at 0.8565 dollars.
• The dollar index (DXY) is trading at 100.6.
• The market value of Bitcoin is around 2.06 trillion dollars while the total value of the cryptocurrency market is at levels of 3.45 trillion dollars.
• The 24-hour trading volume of the cryptocurrency market is around 128 billion dollars.
• The Dollar/TRY started the new week at 38.75, while the Euro/TRY exchange rate began at 43.54.
• In the last 24-hour period, 342 million dollars were liquidated from the cryptocurrency market, affecting more than 137 thousand cryptocurrency investors.
• The 63.56% of the liquidated positions were made up of long (long**)** positions, with the most liquidations occurring in Ethereum at (ETH).