Bitcoin, Ethereum, XRP, Dogecoin Continue Surging As Altcoin Market Buzzes
Posted On May 9, 2025
Crypto markets are extending their rally for a second straight day, fueled by renewed optimism around global trade deals and bullish macro sentiment. As price momentum accelerates, seasoned analysts warn against FOMO, advocating instead for disciplined, intentional strategies.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $103,120.94 | +3.6% |
| Ethereum (CRYPTO: ETH) | $2,350.17 | +20.4% |
| Solana (CRYPTO: SOL) | $173.61 | +12.8% |
| XRP (CRYPTO: XRP) | $2.40 | +9% |
| Dogecoin (CRYPTO: DOGE) | $0.2087 | +14% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001525 | +13.8% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin large transaction volume and daily active addresses increased by 3.8% and 1.2%, respectively, in a single day. Transactions greater than $100,000 increased from 10,628 to 14,818. Driven by recent optimism, 99% of BTC holders are in profit.
- Coinglass data shows 249,335 traders were liquidated in the past 24 hours for $1.14 billion. Short liquidations as of May 8 peaked to $394 million, implying traders forced to close positions amid sudden spike in prices.
- Santiment data shows a surge in Bitcoin wallet creation, …
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