Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: ‘BTC Coming Into A Critical Area – Bounce Or Die,’ Trader Says
Posted On February 24, 2025
Crypto markets are under pressure on monday as Bitcoin struggles to reclaim $96,000. Sentiment remains weak amid recent hacks and ETF outflows.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $94,042.60 | -1.8% |
| Ethereum (CRYPTO: ETH) | $2,650.06 | -5.6% |
| Solana (CRYPTO: SOL) | $149.96 | -10.1% |
| XRP (CRYPTO: XRP) | $2.40 | -5.4% |
| Dogecoin (CRYPTO: DOGE) | $0.2219 | -7.7% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001423 | -8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 28.3% and daily active addresses falling by 19.9%. Transactions greater than $100,000 are down from 7,980 to 6,703 in a single day. Exchanges netflows are down by 80.7%.
- Coinglass data reports 155,297 traders were liquidated in the past 24 hours for $390.87 million.
- Crypto chart analyst Ali Martinez noted capital inflows into the crypto market dropping by around 50% …
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