Bitcoin, Ethereum, XRP, Dogecoin Lose Steam, Trader Warns Of ‘New Lows’ Under One Condition

The crypto market is showing signs of cooling after a sharp rally on Wednesday.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $79,496.69 -3.1%
Ethereum (CRYPTO: ETH)  $1,516.46 -7.5%
Solana (CRYPTO: SOL)  $111.13 -6.5%
XRP (CRYPTO: XRP)  $1.95 -3.6%
Dogecoin (CRYPTO: DOGE)  $0.1535 -4.1%
Shiba Inu (CRYPTO: SHIB)  $0.00001155 -2.9%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 30.9% and daily active addresses falling by 2.2%. Transactions greater than $100,000 are up from 10,153 to 11,411 in a single day. Exchanges netflows are down by 268%.
  • Coinglass data reports 110,680 traders were liquidated in the past 24 hours with the total liquidations at $337.28 million.

Notable Developments:

Top Gainers:

Cryptocurrency Price    Gains +/-
Onyxcoin

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