Bitcoin Holding On To $94,000, Ethereum, Dogecoin Trade Lower: ‘Place Your Bets, Up Or Down Brothers,’ Says Trader
Posted On November 20, 2024
Cryptocurrency markets are trading lower on Wednesday despite strong interest in spot Bitcoin ETFs.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $94,297.59 | +1.3% |
| Ethereum (CRYPTO: ETH) | $3,076.55 | -1.5% |
| Solana (CRYPTO: SOL) | $234.51 | -3.3% |
| Dogecoin (CRYPTO: DOGE) | $0.3765 | -6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002387 | -5.2% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 8.8% and daily active addresses falling by 6.4%. Transactions greater than $100,000 are up from 11,812 to 11,911 in a single day. Exchanges netflows are up by 84,696.7%.
- Coinglass data reports 154,969 traders were liquidated in the past 24 hours for $397.33 million. Crypto short liquidations are at their lowest …
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