The Latest on Bitcoin, Ethereum and Other Altcoins

How much is Bitcoin (BTC)? How many dollars is Ethereum trading at? What is the latest situation in other cryptocurrencies?

As the downward trend in cryptocurrency markets continues, the largest cryptocurrency Bitcoin (BTC) is priced below $20,000. Ethereum (ETH), which fell sharply after the successful The Merge, is trading below $ 1,500. Let's take a closer look at the latest situation in cryptocurrency markets.

Latest Situation in Bitcoin

Bitcoin is trading at $ 19,948, up 0.71 percent in the last 24 hours. BTC, which continues its downward trend below $ 20,000, has a market capitalization of $ 381.1 billion. Bitcoin, which has moved between $ 19,400 and $ 20,21 in the last 24 hours, has 39.5 percent dominance over cryptocurrency markets. The closest resistance level to the Bitcoin price is at the 20-day EMA around $20,529, while the closest support level is at $18,510. BTC will move upwards and could rise as high as $22,799 if it breaks through the resistance at $20,529.

Latest Situation in Altcoin Markets

Bitcoin's fall below $ 20,000 affected the altcoin markets much more negatively. Ethereum, the largest altcoin Ethereum, which was traded at $ 443, down 2.06 percent in the last 24 hours, continues to fall with the "buy the rumor, sell the news" approach after The Merge. ETH's dominance rate on cryptocurrency markets is 18.3 percent. In the list of the 25 largest cryptocurrencies by market capitalization of the crypto data platform CoinMarketCap, Cosmos' local asset ATOM, which is traded at $ 16.27 with an increase of 7.54, stands out. Terra Classic (LUNC), which is traded at $ 0.0003117 with an increase of 9.34 percent, ranks first on CoinMarketCap's list of cryptocurrencies that have earned the most for its investors in 24 hours, while Celsius (CEL), which is traded at $ 1.53 with a decrease of 15.40 percent, ranks first in the list of cryptocurrencies that have lost the most to its investors in 24 hours. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!