Bitcoin, Ethereum, XRP, Dogecoin Dip, But Traders Remain Optimistic For One Reason

Major cryptocurrencies are in the red as macro uncertainty and trade war tensions weigh on sentiment.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $84,157.00 -1.2%
Ethereum (CRYPTO: ETH)  $1,609.19 -2%
Solana (CRYPTO: SOL)  $128.50 -1.8%
XRP (CRYPTO: XRP)  $2.12 -1.7%
Dogecoin (CRYPTO: DOGE)  $0.1554 -3.5%
Shiba Inu (CRYPTO: SHIB)  $0.00001183   -2.6%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 28.6% and daily active addresses growing by 19%. Transactions greater than $100,000 are up from 7,162 to 9,856  in a single day. Exchanges netflows are up by 2,416.8%.
  • Coinglass data reports 89,194 traders were liquidated in the past 24 hours for $177.86 million.

Notable Developments:

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