Bitcoin, Ethereum, XRP, Dogecoin Extend Slide Ahead Of FOMC – ‘Volatility Incoming’

Cryptocurrencies are trading lower for a second straight session as escalating Iran-Israel tensions and cautious anticipation around the upcoming Federal Open Market Committee (FOMC) meeting pressure investor sentiment across global markets.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $104,397.09 -1.4%
Ethereum (CRYPTO: ETH) $2,499.56 -2%
Solana (CRYPTO: SOL) $145.94 -3.3%
XRP (CRYPTO: XRP) $2.13 -3.4%
Dogecoin (CRYPTO: DOGE) $0.1673 -2.3%
Shiba Inu (CRYPTO: SHIB) $0.00001153 -1.5%

Notable Statistics:

  • IntoTheBlock data shows that Bitcoin and Ethereum’s large transaction volumes increased 16.4% and 6.1%, respectively. Also, daily active addresses for both witnessed a growth of 1.6% and 7.2%, respectively.
  • Coinglass data shows that 108,715 traders were liquidated in the past 24 hours, with a total liquidation value of $322.24 million.
  • SoSoValue data shows net inflows of $216.5 million into spot Bitcoin ETFs while Spot …

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