Bitcoin, Ethereum, Dogecoin Climb, But Ripple Rockets: Analyst Calls It ‘An Insane Period’
Posted On November 29, 2024
Cryptocurrency markets are closing Friday strong, with Bitcoin’s performance paving the way for altcoin gains.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $97,590 | +2.8% |
| Ethereum (CRYPTO: ETH) | $3,600 | +1.0% |
| Solana (CRYPTO: SOL) | $242.66 | +2.8% |
| Dogecoin (CRYPTO: DOGE) | $0.4355 | +9.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002621 | +4.0% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 22.6% and daily active addresses falling by 8%. Exchanges netflows are up by 188%.
- Coinglass data reports 86,529 traders were liquidated in the past 24 hours for $242 million, with $150 million being liquidated short positions.
Notable Developments:
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