Bitcoin Taps $106,000 As Ethereum, XRP, Dogecoin Struggle

Bitcoin is testing the $106,000 level on Tuesday, while Ethereum, XRP and Dogecoin continue to show signs of weakness.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $106,003.37 +0.95%
Ethereum (CRYPTO: ETH)  $2,468.88 -1.2%
Solana (CRYPTO: SOL)  $165.96 +0.4%
XRP (CRYPTO: XRP)  $2.33 -1.8%
Dogecoin (CRYPTO: DOGE)  $0.2202 -1.5%
Shiba Inu (CRYPTO: SHIB)  $0.00001425 -1.3%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 62.5% and daily active addresses up by 16.5%. Transactions greater than $100,000 are up from 7,945 to 11,221 in a single day. Exchanges netflows surged by 5,227.5%.
  • Coinglass data reports 68,648 traders were liquidated in the past 24 hours for $192.88 million.

Notable Developments:

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