Bitcoin, Ethereum, Dogecoin Trade Sideways: ‘$66,500 Support Needs To Hold,’ Says Trader Who Warns $61,000 Could Otherwise Be Next
Posted On October 22, 2024
Cryptocurrency markets are trading sideways on Tuesday:
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $67,436.75 | -0.03% |
| Ethereum (CRYPTO: ETH) | $2,626.50 | -1.7% |
| Solana (CRYPTO: SOL) | $168.23 | +1.3% |
| Dogecoin (CRYPTO: DOGE) | $0.1395 | -2.3% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001823 | -1.3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day. Exchanges netflows are down by 151%.
- Coinglass data reports 57,215 traders were liquidated in the past 24 hours for $165.97 million.
Notable Developments:
- Brad Garlinghouse Defends Ripple Co-Founder’s Donation To Kamala Harris While Top Crypto Analyst Throws XRP ‘Securities’ Jibe
- V3V Ventures Invests $5 Million In Premium Telegram Usernames, Seizing ‘Unique Advantages’ To Build Crypto Channels
- Donald Trump’s Election Odds Surge To 64% On Polymarket, 60% On Kalshi And Favorite In All Swing States
- Can Blockchain Disrupt Digital …
About The Author
