Bitcoin, Ethereum, XRP, Dogecoin Struggle In Weak Market: ‘I Don’t Think That The Cycle Is Over,’ Trader Says
Posted On February 27, 2025
Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $83,057.97 | -0.2% |
Ethereum (CRYPTO: ETH) | $2,268.27 | -1.2% |
Solana (CRYPTO: SOL) | $134.86 | +2.7% |
XRP (CRYPTO: XRP) | $2.15 | -1.3% |
Dogecoin (CRYPTO: DOGE) | $0.2030 | +2.3% |
Shiba Inu (CRYPTO: SHIB) | $0.00001430 | +2.3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%. Transactions greater than $100,000 are down from 15,415 to 13,305 in a single day. Exchanges netflows are down by 137.5%.
- Coinglass data reports 131,251 traders were liquidated in the past 24 hours for $404.95 million.
Notable Developments: