Bitcoin, Ethereum, Dogecoin Slip While XRP Holds Firm: Is A Pullback Coming?
Posted On May 12, 2025
Cryptocurrency markets are down on Monday after Bitcoin peaked above $105,000 in early trading hours.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $102,002.91 | -2.5% |
| Ethereum (CRYPTO: ETH) | $2,459.63 | -2% |
| Solana (CRYPTO: SOL) | $170.91 | -1% |
| XRP (CRYPTO: XRP) | $2.48 | -4.7% |
| Dogecoin (CRYPTO: DOGE) | $0.2274 | -1.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001542 | -3.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 3% and daily active addresses falling by 7.4%. Transactions greater than $100,000 are down from 9,463 to 8,934 in a single day. Exchanges netflows are down by 388.7%.
- Coinglass data reports 178,950 traders were liquidated in the past 24 hours for $556.54 million. Bitcoin long liquidations spiked to the highest level since April 7.
- Bitcoin held by U.S. spot ETFs has climbed to 1.175 million BTC, just 6,500 BTC shy of its all-time high of 1.182 million, according to Glassnode data.
- Crypto chart analyst Ali Martinez reports Bitcoin miners having realized over $10.37 million in profits, signaling improved miner profitability.
- Sentora notes that after Bitcoin surpassed $100,000, exchange flows turned sharply negative with $550 …
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