Bitcoin Holds Steady As Ethereum, XRP, Dogecoin Push Higher

Cryptocurrency markets are trading mixed on Thursday morning, with Bitcoin dipping but altcoins outperforming.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $117,620
Ethereum (CRYPTO: ETH) $3,423
Solana (CRYPTO: SOL) $175.20
XRP (CRYPTO: XRP) $3.25
Dogecoin (CRYPTO: DOGE) $0.2138
Shiba Inu (CRYPTO: SHIB) $0.00001442

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 18.2% and grew by 54.6%, respectively. Daily active addresses dropped 4% and jumped 5%, respectively.
  • Coinglass data shows145,767 traders were liquidated in the past 24 hours for $544.11 million.
  • SoSoValue data shows net inflows of $799.4 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $726.7 million.

Trader Notes: Crypto trader Jelle says Bitcoin’s surge is fueled by rising global liquidity, a macro tailwind that continues to support its ascent. …

Full story available on Benzinga.com