Bitcoin, Ethereum, XRP, Dogecoin Climb Higher As Inflation Volatility Eases: ‘Don’t See A Reason To Go Back To Lows,’ Trader Says
Posted On February 12, 2025
Crypto markets are stabilizing and trending upward after an initial drop following the higher-than-expected COnsumer Price Inflation report.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $97,166.74 | +2.2% |
| Ethereum (CRYPTO: ETH) | $2,679.72 | +3.4% |
| Solana (CRYPTO: SOL) | $193.42 | -1% |
| XRP (CRYPTO: XRP) | $2.44 | +2.7% |
| Dogecoin (CRYPTO: DOGE) | $0.2612 | +4.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001680 | +8.4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increased by 3.2% and daily active addresses grew by 2.6%. Transactions greater than $100,000 are up from 9,866 to 10,487 in a single day. Exchanges netflows are down by 192.3%.
- Coinglass data reports 142,147 traders were liquidated in the past 24 hours for $310.39 million.
- IntoTheBlock data points out that the 1.6 million addresses that historically acquired 1.57 million BTC at an average price of 97,200 are now forming a resistance level. It also …
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