Bitcoin, Ethereum, Dogecoin Drop Further: ‘Black Friday Came Early,’ Says Trader Touting ‘Good Discounts’

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:

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