Bitcoin, Ethereum, XRP, Dogecoin Rally And ‘Could Be In For A Very Fun Weekend’ If One Key Level Flips

Cryptocurrency markets are trading higher on Friday, amid Florida passing a Bitcoin reserve bill.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $83,687.73 +5.5%
Ethereum (CRYPTO: ETH) $1,565.31 +3.3%
Solana (CRYPTO: SOL) $120.10 +8.4%
XRP (CRYPTO: XRP) $2.03 +4.3%
Dogecoin (CRYPTO: DOGE) $0.1599 +4.6%
Shiba Inu (CRYPTO: SHIB) $0.00001220 +5.7%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 12.3% and daily active addresses grow ingby 5.6%. Transactions greater than $100,000 are down from 11,411 to 10,6343 in a single day. Exchanges netflows are down by 467.5%.
  • Coinglass data reports 98,702 traders were liquidated in the past 24 hours for $242.45 million.

Notable Developments:

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