Bitcoin, Ethereum, Dogecoin Dip After Strong Tuesday—Analysts Predict ‘Unprecedented Highs Can Be In Development’
Posted On October 30, 2024
Cryptocurrency markets are trading relatively flat after Bitcoin’s run above $71,000.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $71,930.79 | -1% |
| Ethereum (CRYPTO: ETH) | $2,662.75 | -1.3% |
| Solana (CRYPTO: SOL) | $174.39 | -2.3% |
| Dogecoin (CRYPTO: DOGE) | $0.1684 | -1.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001844 | -2.3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%. Transactions greater than $100,000 are up from 9,521 to 13,547 in a single day. Exchanges netflows are up by 322.7%. There are no Bitcoin holders currently making a loss.
- Coinglass data reports 49,256 traders were liquidated in the past 24 hours for $145.86 million, with short liquidations at the lowest level since Oct.19.
Notable Developments:
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