Bitcoin Nears $90,000, Dogecoin Soars, Ethereum Steady — Trader Eyes $100,000 Breakout If Milestone Hits Today
Posted On November 12, 2024
Cryptocurrency markets are trading higher, with Bitcoin ETFs recording another strong trading day.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $89,117.97 | +3% |
| Ethereum (CRYPTO: ETH) | $3,279.31 | -0.8% |
| Solana (CRYPTO: SOL) | $213.08 | -2.4% |
| Dogecoin (CRYPTO: DOGE) | $0.3846 | +20.5% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002644 | -3.3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 60.7% and daily active addresses growing by 17%. Transactions greater than $100,000 are up from 10,856 to 17,022 in a single day. Exchanges netflows are down by 410.7%.
- Coinglass data reports 269,145 traders were liquidated in the past 24 hours for $938.44 million. Crypto long liquidations of $527.4 million were the highest since Aug. 5. Open interest spiked to $54.3 billion.
Notable Developments:
About The Author
