Bitcoin, Ethereum, XRP, Dogecoin Flat As Traders Hope For Altcoin Outperformance
Posted On May 14, 2025
Major cryptocurrencies are trading sideways amid stagnating Bitcoin dominance, potentially signaling increased capital rotation into altcoins.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $103,380.01 | -0.9% |
Ethereum (CRYPTO: ETH) | $2,600.38 | -1.6% |
Solana (CRYPTO: SOL) | $176.25 | -1.5% |
XRP (CRYPTO: XRP) | $2.55 | -0.3% |
Dogecoin (CRYPTO: DOGE) | $0.2335 | -2.1% |
Shiba Inu (CRYPTO: SHIB) | $0.00001581 | -2.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 8.98% and daily active addresses grew by 10.7%. Transactions greater than $100,000 are down from 12,470 to 11,891 in a single day. Exchanges netflows are down by 236.9%.
- Coinglass data reports 139,936 traders were liquidated in the past 24 hours for $408.44 million.
- Crypto chart Ali Martinez observed that over the past three weeks, 100,000 BTC have been withdrawn from exchanges, a sign of growing investor confidence and long-term holding behavior. During the same period, more than $35 billion flowed through the crypto markets, underscoring heightened activity.
- Martinez also highlighted that if Bitcoin reclaims the $105,244 level, it could trigger $25.38 million in short liquidations, potentially fueling a sharp upside …