Bitcoin, Ethereum, Dogecoin Trade Sideways After BTC Spike To $68K: Is The Same Pattern Playing Out For A Fourth Straight Time?

Cryptocurrency markets are trading relatively flat after a mid-day spike amid Donald Trump’s rising election odds.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $66,756.23  +1.2%
Ethereum (CRYPTO: ETH)  $2,584.21 -1.4%
Solana (CRYPTO: SOL)  $154.66 -0.6%
Dogecoin (CRYPTO: DOGE)  $0.1146 -0.7%
Shiba Inu (CRYPTO: SHIB)  $0.00001806 -0.8%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 73.8% and daily active addresses growing by 17.4%. Transactions greater than $100,000 are up from 5,104 to 9,217 in a single day. Exchanges netflows are down by 2,523%.
  • Coinglass data reports 97,280 traders were liquidated in the past 24 hours for $312.03 million. Crypto long liquidations of $169.4 million are the highest since Oct.2.

Notable Developments:

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