Bitcoin, Ethereum, XRP, Dogecoin Trade Mixed As Traders Warn Of Overtrading

The cryptocurrency market showed mixed signals Tuesday, with major crypto tokens holding key support levels despite a modest pullback in the overall market cap.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $104,948.14 -1.2%
Ethereum (CRYPTO: ETH)  $2,627.91 -0.2%
Solana (CRYPTO: SOL)  $155.55 -3.2%
XRP (CRYPTO: XRP)  $2.22 -1.8%
Dogecoin (CRYPTO: DOGE)  $0.1903 -3.1%
Shiba Inu (CRYPTO: SHIB)  $0.00001296 -1.9%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 2.4% and daily active addresses growing by 10.9%. Transactions greater than $100,000 are up from 11,499 to 11,969 in a single day. Exchanges netflows are up by 228.7%.
  • Coinglass data reports 78,590 traders were liquidated in the past 24 hours for $203.60 million.

Notable Developments:

Full story available on Benzinga.com