Bitcoin (BTC) and Altcoin Market Update: Comprehensive Analysis for May 22

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3
(06:51 AM UTC)
1 min read

Contents

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  • Bitcoin currently sees a 1.6% decrease, trading at $70,000, while in Turkish Lira, it’s at 2,155,867 TL.
  • Ethereum (ETH) is up by 3.1% at $3,769, BNB (BNB) increased by 3.3% to $621, Ripple (XRP) is down by 0.3% at $0.535, Dogecoin (DOGE) rose by 3.3% to $0.1687, Toncoin (TON) fell by 4.9% to $6.3, and Solana (SOL) slightly down by 0.1% at $182.
  • In the last 24 hours, Pepe (PEPE) surged by 19.8%, becoming the highest gainer among altcoins, while Lido DAO (LDO) dropped by 5.7%, marking it the biggest loser in price.
  • Pepe (PEPE) is trading at $0.0000133, whereas Lido DAO (LDO) is at $2.17.
  • The US Dollar Index (DXY) is currently at 104.5.
  • Bitcoin’s market capitalization stands around $1.37 trillion, with the total cryptocurrency market cap at approximately $2.73 trillion.
  • The 24-hour trading volume of the cryptocurrency market is around $129 billion.
  • The USD/TRY has risen by 0.11% to 32.21, and the EUR/TRY has increased by 0.12% to 35.01.
  • Over the last 24 hours, $179 million was liquidated from the crypto market, affecting over 64,000 cryptocurrency investors.
  • Of the liquidated positions, 55.65% were long positions, with the most liquidations occurring in Bitcoin (BTC).
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David Kim

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