#CryptoMarketRecovery
What’s the Situation with Bitcoin and Altcoins: Market Overview (May 6)
Bitcoin is trading at $81,274.25, up 0.5% at the time of writing, and around 3,676,620 TL against the Turkish Lira.
Ethereum (ETH) is at $2,362.32, down 0.6%, BNB (BNB) is at $634.8, up 1.2%, Ripple (XRP) is at $1.42, up 1.6%, Dogecoin (DOGE) is at $0.1157, up 3.8%, Solana (SOL) is at $87.41, up 3.1%, and TRON (TRX) is at $0.344, up 1.5%.
Over the past 24 hours, CommonWealth (CWU) became the top gainer among altcoins with a rise of 94.2%, while Rosa Inu (ROSA) was the biggest decliner with a drop of 20.6%.
At the time of writing, CommonWealth (CWU) is trading at $0.04749, while Rosa Inu (ROSA) is trading at $0.0004257.
The U.S. dollar index (DXY) is trading around 98.09.
While Bitcoin’s market cap is around $1.8 trillion, the total value of the cryptocurrency market is around $2.775 trillion.
The 24-hour trading volume in the crypto market is hovering around $102.258 billion.
The USD/TRY is trading at 45.2372, and the EUR/TRY pair is trading at 53.1173.
Over the past 24 hours, $320.56 million was liquidated from the crypto market, and more than 100,992 crypto investors were affected by this.
Short (sell) positions accounted for 75.63% of the liquidated positions, with the most liquidations occurring in Bitcoin (BTC).