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#CryptoMarketRecovery
What’s the current state of Bitcoin and Altcoins: Market Overview (May 6)
At the time of writing, Bitcoin is trading at around $81,274.25 with a 0.5% increase, and approximately 3,676,620 TRY against the Turkish Lira.
Ethereum (ETH) is down 0.6% at $2,362.32, BNB (BNB) is up 1.2% at $634.8, Ripple (XRP) is up 1.6% at $1.42, Dogecoin (DOGE) is up 3.8% at $0.1157, Solana (SOL) is up 3.1% at $87.41, and TRON (TRX) is up 1.5% at $0.344.
In the last 24 hours, CommonWealth (CWU) surged 94.2% to become the top gainer among altcoins, while Rosa Inu (ROSA) fell 20.6%, making it the biggest loser.
At the time of writing, CommonWealth (CWU) is trading at $0.04749, and Rosa Inu (ROSA) is at $0.0004257.
The dollar index (DXY) is hovering at 98.09.
Bitcoin’s market cap is around $1.8 trillion, while the total cryptocurrency market value is approximately $2.775 trillion.
The 24-hour trading volume in the crypto market is around $102.258 billion.
The USD/TRY exchange rate is 45.2372, and the EUR/TRY rate is 53.1173.
In the last 24 hours, $320.56 million worth of positions were liquidated in the crypto market, affecting over 100,992 crypto investors.
Of the liquidated positions, 75.63% were short (sell) positions, with the most liquidations occurring in Bitcoin (BTC).