Bitcoin Crosses $94,000 For New All-Time High, Dogecoin Back At $0.40, Ethereum Flat: ‘Short-Term Price Action Unpredictable,’ Say Analysts
Posted On November 19, 2024
Cryptocurrency markets are trading higher, with Bitcoin recording a new all-time high at $94,040, according to Coingecko data.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $93,312.89 | +2.9% |
| Ethereum (CRYPTO: ETH) | $3,122.39 | -0.3% |
| Solana (CRYPTO: SOL) | $243.76 | +2.9% |
| Dogecoin (CRYPTO: DOGE) | $0.4053 | +10% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002537 | +4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 102.3% and daily active addresses up by 13%. Transactions greater than $100,000 are up from 8,261 to 11,812 in a single day. Exchanges netflows are down by 192%.
- Coinglass data reports 98,554 traders were liquidated in the past 24 hours for $289.96 million. Open interest spiked to $59.3 billion.
Notable Developments:
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