Bitcoin, Ethereum, Dogecoin Drop Further: ‘Black Friday Came Early,’ Says Trader Touting ‘Good Discounts’
Posted On November 26, 2024
Cryptocurrency markets are trading lower on Tuesday.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $91,912.69 | -2.9% |
Ethereum (CRYPTO: ETH) | $3,277.87 | -4.8% |
Solana (CRYPTO: SOL) | $226.08 | -5.1% |
Dogecoin (CRYPTO: DOGE) | $0.3746 | -6.8% |
Shiba Inu (CRYPTO: SHIB) | $0.00002385 | -6.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%. Transactions greater than $100,000 are up from 9,585 to 13,037 in a single day. Exchanges netflows are up by 858.2%.
- Coinglass data reports 193,074 traders were liquidated in the past 24 hours for $590.74 million.
- CryptoQuant noted long-term holders offloaded 728,000 BTC in the past 30 days, the highest sell-off since April.
Notable Developments: