Bitcoin, Ethereum, XRP Dip Ahead Of Crypto Summit, Dogecoin Shows Strength
Posted On March 7, 2025
The cryptocurrency market is trading lower on Friday in anticipation of the much-awaited White House crypto summit.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $87,839.15 | -0.7% |
| Ethereum (CRYPTO: ETH) | $2,177.24 | -0.9% |
| Solana (CRYPTO: SOL) | $146.27 | +1.8% |
| XRP (CRYPTO: XRP) | $2.48 | -4% |
| Dogecoin (CRYPTO: DOGE) | $0.2052 | +2.7% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001351 | +1.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 19.5% and daily active addresses growing by 10.9%. Transactions greater than $100,000 are up from 10,490 to 11,093 in a single day. Exchanges netflows are down by 154%.
- Coinglass data reports 157,406 traders were liquidated in the past 24 hours for $577.04 million.
- Arkham intelligence data shows Nucleus Marketplace, a darknet market, transferring $77.5 million worth BTC to three new wallets.
Notable Developments:
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