Bitcoin, Ethereum, Dogecoin Hold Steady While XRP Dips — ‘Tough Conditions, Hang In There,’ Trader Says

After several weeks of strong gains, cryptocurrency markets are taking a pause to consolidate.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $103,832.61 +0.8%
Ethereum (CRYPTO: ETH)  $2,584.56  +2.3%
Solana (CRYPTO: SOL)  $170.10 +0.2%
XRP (CRYPTO: XRP)  $2.40 -1.5%
Dogecoin (CRYPTO: DOGE)  $0.2254 +2.05%
Shiba Inu (CRYPTO: SHIB)  $0.00001491 +0.9%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 5.4% and daily active addresses falling by 6.3%. Transactions greater than $100,000 are up from 11,304 to 11,517 in a single day. Exchanges netflows are down by 466.7%.
  • Coinglass data reports 90,592 traders were liquidated in the past 24 hours for $233.13 million.

Notable Developments:

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