Bitcoin, Ethereum, Dogecoin Pick Up Steam: ‘BTC Entering FOMO Zone,’ Trader Touts
Posted On October 14, 2024
Cryptocurrency markets are trading higher as expectations around Chinese stimulus rise.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $65,903.70 | +5.4% |
| Ethereum (CRYPTO: ETH) | $2,630.58 | +7.4% |
| Solana (CRYPTO: SOL) | $156.05 | +7% |
| Dogecoin (CRYPTO: DOGE) | $0.115 | +4.8% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001826 | +5.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 6.9% and daily active addresses growing by 1%. Transactions greater than $100,000 are down from 6,165 to 5,104 in a single day. Exchanges netflows are down by 80%.
- Coinglass data reports 61,029 traders were liquidated in the past 24 hours for $234.09 million. Crypto short liquidations stand at $181 million, the highest since Aug. 5.
Notable Developments:
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