Bitcoin, Ethereum, XRP, Dogecoin Slump In The Aftermath Of Israel-Iran Tensions

Cryptocurrency markets traded lower early Friday as rising geopolitical tensions between Israel and Iran rattled investor sentiment. Bitcoin broke below key support levels, but accumulation continues, with wallets adding BTC during the dip.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $104,708.95 -2.4%
Ethereum (CRYPTO: ETH) $2,524.73 -8%
Solana (CRYPTO: SOL) $144.27 -9.2%
XRP (CRYPTO: XRP) $2.13 -4.6%
Dogecoin (CRYPTO: DOGE) $0.1741 -7.5%
Shiba Inu (CRYPTO: SHIB) $0.00001169 -7.4%

Notable Statistics:

  • IntoTheBlock data shows that Bitcoin and Ethereum’s large transaction volume decreased 16% and 6.6%, respectively. However, daily active addresses witnessed an increase of 3.8% and 1.4% each in a single day.
  • Coinglass data shows 248,509 traders were liquidated in the past 24 hours with the total liquidations at $1.16 billion.
  • SoSoValue data shows net inflows of $164.6 million into spot Bitcoin ETFs while Spot Ethereum ETFs saw net inflows of $112.4 million.
  • CryptoQuant founder and CEO Ki Young Ju noted that Bitcoin long term holders have …

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