Bitcoin, Ethereum, Dogecoin Explode To New Highs: ‘BTC Bull Market Is Locked And Loaded For 2025, Says Trader’
Posted On November 6, 2024
Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $75,833.12 | +9.5% |
| Ethereum (CRYPTO: ETH) | $2,682.34 | +11% |
| Solana (CRYPTO: SOL) | $188.34 | +14.3% |
| Dogecoin (CRYPTO: DOGE) | $0.1952 | +15.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001883 | +6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%. Transactions greater than $100,000 are up from 8,295 to 9,141 in a single day. Exchanges netflows are down by 171.8%.
- Coinglass data reports 128,336 traders were liquidated in the past 24 hours for $581.68 million. Crypto short liquidations of $369.8 million peaked to the highest level in more than a year.
Notable Developments:
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