Bitcoin, Ethereum, XRP, Dogecoin Rebound From The Brink: Here Are The Key Levels To Watch
Posted On February 28, 2025
Cryptocurrency markets are rebounding from an overnight dip that saw Bitcoin go as low as $78,300.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $84,650.16 | +1.7% |
| Ethereum (CRYPTO: ETH) | $2,233.35 | -1.7% |
| Solana (CRYPTO: SOL) | $146.31 | +8.3% |
| XRP (CRYPTO: XRP) | $2.15 | -0.7% |
| Dogecoin (CRYPTO: DOGE) | $0.2013 | -0.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001389 | -2.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 26.1%. Daily active addresses grew by 6.3%. Transactions greater than $100,000 are down from 13,305 to 12,754 in a single day. Exchanges netflows are down by 148.7%.
- Coinglass data reports 233,253 traders were liquidated in the past 24 hours for $1.01 billion.
- IntoTheBlock data shows Bitcoin’s active addresses reached the highest daily level since December 2024. Spikes in on-chain activity coincides with market peaks and bottoms. This surge implies the market …
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