Bitcoin, Ethereum, XRP Slide Despite US-Japan Trade Deal

Cryptocurrency markets are down on Wednesday morning, despite President Trump’s trade deal with Japan expected to have a positive effect on equities.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $117,943.47
Ethereum (CRYPTO: ETH) $3,646.37
Solana (CRYPTO: SOL) $196.64
XRP (CRYPTO: XRP) $3.44
Dogecoin (CRYPTO: DOGE) $0.2546
Shiba Inu (CRYPTO: SHIB) $0.00001474

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 104,769 traders were liquidated in the past 24 hours for $267.08 million.
  • SoSoValue data shows net outflows of $67.9 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $533.9 million.

Trader Notes: Bitcoin continues to hold strong above its recent bullish flag breakout, with trader CryptoBusy noting that last week’s momentum confirms a bullish structure.

As long as BTC holds above $112,000, the move toward $140,000 remains on …

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