Bitcoin, XRP, Dogecoin Pull Back On Trump Tariff Announcement, Ethereum Hanging On
Posted On January 31, 2025
Cryptocurrency markets are under pressure on Friday after President Trump’s tariff announcement.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $101,924.10 | -3.6% |
| Ethereum (CRYPTO: ETH) | $3,310.99 | +1.5% |
| Solana (CRYPTO: SOL) | $228.96 | -4.7% |
| XRP (CRYPTO: XRP) | $3.01 | -4.2% |
| Dogecoin (CRYPTO: DOGE) | $0.3245 | -3.1% |
| Shiba Inu (CRYPTO: SHIB) | $0.0000187 | -0.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 3.6% and daily active addresses growing by 4.3%. Transactions greater than $100,000 are up from 10,871 to 12,089 in a single day. Exchanges netflows are down by 1,118.7%.
- Coinglass data reports 102,855 traders were liquidated in the past 24 hours for $253.97 million.
Notable Developments:
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