Bitcoin, Ethereum, XRP, Dogecoin Gain Momentum Ahead Of Weekend As Bulls Eye Profitable February
Posted On January 30, 2025
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $105,646.53 | +1.9% |
| Ethereum (CRYPTO: ETH) | $3,271.23 | +4.4% |
| Solana (CRYPTO: SOL) | $240.29 | +2.7% |
| XRP (CRYPTO: XRP) | $3.13 | +1.3% |
| Dogecoin (CRYPTO: DOGE) | $0.3344 | +1.2% |
| Shiba Inu (CRYPTO: SHIB) | $0.0000188 | +1.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%. Transactions greater than $100,000 are up from 10,724 to 10,871 in a single day. Exchanges netflows are down by 204%.
- Coinglass data reports 86,192 traders were liquidated in the past 24 hours for $248.25 million
- Glassnode data shows Bitcoin balance on exchanges dropped to 2.7 million BTC from 3.1 million …
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