Bitcoin, Ethereum, XRP, Dogecoin Dip Due To Macro Uncertainty – Bearish Signals Flash For BTC
Posted On June 5, 2025
The crypto market is under pressure as macro headwinds resurface. The ADP employment report indicates a slowdown in hiring, and renewed tariff uncertainty is shaking investor sentiment.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $102,185.84 | -2.6% |
Ethereum (CRYPTO: ETH) | $2,537.69 | -3.3% |
Solana (CRYPTO: SOL) | $146.23 | -6.1% |
XRP (CRYPTO: XRP) | $2.13 | -4% |
Dogecoin (CRYPTO: DOGE) | $0.1747 | -8.1% |
Shiba Inu (CRYPTO: SHIB) | $0.00001258 | -5.2% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 11.3%, with daily active addresses falling by 14.6%. Transactions greater than $100,000 are down from 11,969 to 11,237 in a single day. Exchanges netflows are down by 87.6%.
- Coinglass data reports that 114,092 traders were liquidated in the past 24 hours, with a total liquidation value of $334.11 million.
- Glassnode data shows Bitcoin’s largest holders have shifted back to accumulation after a brief distribution phase. All wallet cohorts are buying, with the most aggressive accumulation seen in the 10–100 BTC and sub-1 BTC groups, both hitting the maximum accumulation score of 1.0.
Notable Developments: