Bitcoin, Ethereum Open The Week Relatively Flat, Dogecoin Moves Higher, Trader Marks $91,000 As Key BTC Level To Prevent ‘Cool Off’
Posted On November 18, 2024
Cryptocurrency markets are trading relatively flat, with Dogecoin seeing rising momentum.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $90,765.13 | +0.7% |
| Ethereum (CRYPTO: ETH) | $3,133.91 | +0.9% |
| Solana (CRYPTO: SOL) | $236.42 | -0.2% |
| Dogecoin (CRYPTO: DOGE) | $0.3681 | +1.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002437 | -2.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 16.2% and daily active addresses falling by 12.4%. Transactions greater than $100,000 are down from 9,207 to 8,261 in a single day. Exchanges netflows are down by 38.3%.
- Coinglass data reports 124,438 traders were liquidated for $349.60 million.
- Billionaire Paul Tudor hedge fund holds $230 million worth of BlackRock’s spot Bitcoin ETF.
Notable Developments:
- Bitcoin Buyer Spree: MicroStrategy Acquires $4.6B In BTC, Metaplanet Issues $11.4M In Bonds To Fund Purchases
- EXCLUSIVE: Binance CEO Richard Teng Says 2025 Will Outshine 2024 For Crypto
- Tidus Wallet Brings Wormhole Integration For Ethereum-Solana Transfers
- Gita Gopinath Of IMF Alarmed By Crypto And AI Energy Use, Says Share Expected To Match Japan’s Current Power Consumption In Just 3 Years
- Man Who Facilitated Bitcoin Laundering Worth Over …
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