Bitcoin (BTC), the leading cryptocurrency, which fell as low as $ 25,800 yesterday evening, reached the level of $ 26,800 again with the value increases it has recorded since the morning hours. The cryptocurrency market has started to rise again with the effect of the increase in value in Bitcoin. The total market capitalization of the cryptocurrency ecosystem reached 1.12 trillion dollars according to CoinMarketCap (CMC) data.
What is the Latest Situation in the Cryptocurrency Market?
Bitcoin (BTC), the leading cryptocurrency, which started to rise again in the morning hours, recorded a value increase of nearly 2% in the last 24 hours and started trading at $ 26,800. The cryptocurrency market has been on the rise with the effect of the depreciation in Bitcoin. Ethereum (ETH) surpassed $1800 again, while the total market capitalization of the cryptocurrency ecosystem rose to $1.2 trillion according to CMC data.
In addition, due to the volatility in the cryptocurrency market, according to data shared by Coinglass, an average of $ 80 million worth of short and long positions were liquidated in the last 24 hours.
Featured Cryptocurrencies of the Day
With the rise of the leading cryptocurrency Bitcoin, most altcoins in the cryptocurrency market also recorded value increases at various rates during the day. Pepe (PEPE), Lido DAO (LDO), Floki (FLOKI), Terra Classic (LUNC), Arbitrum (ARB), Sui (SUI) and Solana (SOL) were among the 100 cryptocurrencies with the highest market capitalization, according to CMC data, following their recent rises.
On the other hand, despite the upward trend in the cryptocurrency market, it recorded losses at various rates during the day. Bitcoin SV (BSV), Fantom (FTM), Bitcoin Cash (BCH), XRP, Stellar (XLM) and Cardano (ADA) were among the top 100 cryptocurrencies with the highest market capitalization according to CMC data, recording the highest rate of depreciation in the last 24 hours.
