Bitcoin, Ethereum, Dogecoin Climb Ahead Of Weekend — XRP Lags Behind
Posted On May 16, 2025
Major cryptocurrencies are trending higher early Friday, signaling renewed investor optimism heading into the weekend.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $103,680.88 | +1.3% |
| Ethereum (CRYPTO: ETH) | $2,627.97 | +2.7% |
| Solana (CRYPTO: SOL) | $173.2 | +1.2% |
| XRP (CRYPTO: XRP) | $2.43 | -1.8% |
| Dogecoin (CRYPTO: DOGE) | $0.2278 | +0.5% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001507 | +0.3% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased 5.4% and 1.3%, respectively. While ETH’s daily active addresses are up 1.6%, Bitcoin’s daily active addresses are down 6.3%.
- Coinglass data shows 123,626 traders were liquidated in the past 24 hours for $340.61 million.
- Crypto chart analyst Ali Martinez noted that Bitcoin whales have booked profits by selling more than 30,000 BTC in the last 72 hours.
Trader Notes: Crypto trader Ted Pillows believes Bitcoin is on the verge of a historic breakout, stating it’s “only one bullish candle away” from a new all-time high. His outlook remains ultra-bullish.
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