Bitcoin Holds Steady While Ethereum, XRP, Dogecoin Dip Ahead Of Fed Chair Powell’s Speech

Cryptocurrency markets are trading sideways on Tuesday morning, with Bitcoin notably outperforming altcoins again.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $118,787.54
Ethereum (CRYPTO: ETH) $3,693.17
Solana (CRYPTO: SOL) $198.77
XRP (CRYPTO: XRP) $3.49
Dogecoin (CRYPTO: DOGE) $0.2665
Shiba Inu (CRYPTO: SHIB) $0.00001506

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 121.9% and 60.7%, respectively. Daily active addresses grew 14.7% and 11.1%, respectively.
  • Coinglass data shows 161,559 traders were liquidated in the past 24 hours for $584.94 million.
  • SoSoValue data shows net outflows of $131.4 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $296.6 million.

Trader Notes: Crypto chart analyst Ali Martinez says Bitcoin could be setting up for a run to $131,200, provided it …

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