Bitcoin, Ethereum, XRP, Dogecoin Grind Up After As-Expected Fed Rate Cut Decision
Posted On January 29, 2025
Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $103,822 | +2.6% |
| Ethereum (CRYPTO: ETH) | $3,119 | +0.6% |
| Solana (CRYPTO: SOL) | $233.27 | +2.1% |
| XRP (CRYPTO: XRP) | $3.00 | +0.2% |
| Dogecoin (CRYPTO: DOGE) | $0.3288 | +2.3% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001853 | +1.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 21.4% and daily active addresses falling by 7.8%. Transactions greater than $100,000 are down from 12,753 to 10,724 in a single day. Exchanges netflows are down by 721.5%.
- Coinglass data reports 128,942 traders were liquidated in the past 24 hours for $285.11 million.
Notable Developments:
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