Bitcoin, Ethereum, Dogecoin See Friday Gains, But Trader Warns ‘$59,000 Must Hold, No Major Moves Expected This Weekend’
Posted On October 11, 2024
Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $63,000.44 | +5.8% |
| Ethereum (CRYPTO: ETH) | $2,459.54 | +4.3% |
| Solana (CRYPTO: SOL) | $145.88 | +6.2% |
| Dogecoin (CRYPTO: DOGE) | $0.111 | +6.2% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001775 | +8.2% |
Notable Statistics:
- IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%. Transactions greater than $100,000 were up from 7,555 to 8,264 in a single day. Exchanges netflows were down by 327.6%. Currently, 87% of Bitcoin holders made profits while 13% were at breakeven.
- Coinglass data reported 38,216 traders were liquidated in the past 24 hours with the total liquidations at $115.88 million.
Notable Developments:
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