Bitcoin, Ethereum, XRP, Dogecoin Enter Weekend Strong: ‘Long Dips, $140,000 Is Programmed,’ Trader Says
Posted On May 9, 2025
Cryptocurrency markets are heading into the weekend with bullish momentum, supported by rising institutional inflows, favorable regulatory signals and surging ETF demand.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $103,210.29 | +1.9% |
| Ethereum (CRYPTO: ETH) | $2,342.42 | +13.3% |
| Solana (CRYPTO: SOL) | $171.91 | +7.4% |
| XRP (CRYPTO: XRP) | $2.35 | +4.9% |
| Dogecoin (CRYPTO: DOGE) | $0.2044 | +7.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001503 | +7.4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 3.8% and daily active addresses growing by 1.2%. Transactions greater than $100,000 are up from 10,628 to 14,818 in a single day. Exchanges netflows are down by 129.9%.
- Coinglass data reports 250,199 traders were liquidated in the last 24 hours for $1.04 billion.
- CoinBureau cited CryptoQuant data saying whale accumulation is not slowing down, with crypto whales boosting holdings to around $3.7 billion in the last 30 days.
Notable Developments:
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