Bitcoin, Ethereum, XRP, Dogecoin Slide: BTC’s $80,000 Sweep Feels Like Hell For Altcoins But A Glorious Rebound Awaits
Posted On February 18, 2025
Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and Texas’ Strategic Bitcoin Reserve proposal.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $94,100.04 | -1.8% |
Ethereum (CRYPTO: ETH) | $2,637.93 | -3.7% |
Solana (CRYPTO: SOL) | $166.02 | -7.3% |
XRP (CRYPTO: XRP) | $2.51 | -5.5% |
Dogecoin (CRYPTO: DOGE) | $0.2472 | -4.3% |
Shiba Inu (CRYPTO: SHIB) | $0.00001511 | -3.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%. Transactions greater than $100,000 are up from 6,580 to 9,049 in a single day. Exchanges netflows are down by 127%.
- Coinglass data reports 140,769 traders were liquidated in the past 24 hours with the total liquidations comes in at $335.77 million.
Notable Developments: