Bitcoin Crawls Into Green Zone, But Ethereum, XRP, Dogecoin Struggle

The cryptocurrency market is showing mixed signals to close the week. Bitcoin has edged back into the green, while major altcoins continue to struggle.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $104,572.38 +1.4%
Ethereum (CRYPTO: ETH)  $2,495.00 -3.3%
Solana (CRYPTO: SOL)  $148.95 -0.4%
XRP (CRYPTO: XRP)  $2.16 +0.3%
Dogecoin (CRYPTO: DOGE)  $0.1792 -0.05%
Shiba Inu (CRYPTO: SHIB)  $0.00001245 -1.1%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 3.6% and daily active addresses growing by 5.6%. Transactions greater than $100,000 are up from 11,237 to 11,851 in a single day. Exchanges netflows are down by 45.6%.
  • Coinglass data reports 199,310 traders were liquidated in the past 24 hours for $850.45 million.

Notable Developments:

Full story available on Benzinga.com