Bitcoin, Ethereum, XRP, Dogecoin Pull Back After Technical Rejection — ‘No One Wants To Be Long Into The Weekend’

Major cryptocurrencies are seeing red as markets cooled off from recent gains.

Despite ongoing institutional accumulation, prices dipped following a technical rejection that triggered a wave of short-term caution. As geopolitical tensions rise, market sentiment appears risk-off heading into the weekend.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $103,120.56 -1.2%
Ethereum (CRYPTO: ETH) $2,408.11 -4.1%
Solana (CRYPTO: SOL) $138.63 -4.8%
XRP (CRYPTO: XRP) $2.11 -2.5%
Dogecoin (CRYPTO: DOGE) $0.1617 -5%
Shiba Inu (CRYPTO: SHIB) $0.00001127 -2.6%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 27.8% and daily active addresses falling by 2.5%. Transactions greater than $100,000 are down from 10,533 to 9,611 in a single day. Exchanges netflows are down by 741.9%.
  • Coinglass data reports 130,673 traders were liquidated in the past 24 hours, with the total liquidations at $467.69 million.

Notable Developments:

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