Bitcoin, Dogecoin Dip, Ethereum Stays Green: Trader Predicts ‘First Major BTC Correction’ Only After One Key Level Hits
Posted On November 25, 2024
Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $94,748.63 | -1.6% |
| Ethereum (CRYPTO: ETH) | $3,482.07 | +4.7% |
| Solana (CRYPTO: SOL) | $240.19 | -3.6% |
| Dogecoin (CRYPTO: DOGE) | $0.4052 | -3.3% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002568 | +2.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%. Transactions greater than $100,000 are down from 11,633 to 9,585 in a single day. Exchanges netflows are down by 96.4%.
- Coinglass data reports 153,054 traders were liquidated in the past 24 hours for $439.64 million.
Notable Developments:
- WisdomTree Files For XRP ETF Trust: Report
- Drug Cartels Use Tether And Bitcoin To Launder Millions, Court Documents Reveal
- Bitcoin ETFs Registered Record $3.12 Billion Net Inflows Last Week
- Trump’s Commerce Secretary Pick Howard Lutnick-Led Firm In Talks For A Bitcoin Lending Project With Tether: Report
Top Gainers:
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