Bitcoin, Ethereum, XRP, Dogecoin Surging, But ‘Choppy’ Weekend Could Precede The Next Push

Cryptocurrency markets are trading higher as whales continue an accumulation spree to fuel bullish momentum.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $95,277.12 +2%
Ethereum (CRYPTO: ETH) $1,799.22 +2.2%
Solana (CRYPTO: SOL) $151.53 -0.2%
XRP (CRYPTO: XRP) $2.19 -0.4%
Dogecoin (CRYPTO: DOGE) $0.1815 +0.6%
Shiba Inu (CRYPTO: SHIB) $0.00001387 +2.7%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 22.1% and daily active addresses growing by 7.8%. Transactions greater than $100,000 are down from 11,905 to 10,849 in a single day. Exchanges netflows are down by 5,813.9%.
  • Coinglass data reports 131,279 traders were liquidated in the past 24 hours for $291.56 million.
  • Crypto chart analyst Ali Martinez noted that Bitcoin miners have earned more than $18.57 million in profits as prices raced ahead above $93,000.

Notable Developments:

Full story available on Benzinga.com