Bitcoin Holds Ground As Ethereum, XRP, Dogecoin Wobble

Cryptocurrency markets are down on Thursday, with altcoins notably underperforming Bitcoin after a recent strong spell.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $118,742.21
Ethereum (CRYPTO: ETH) $3,648.82
Solana (CRYPTO: SOL) $185.82
XRP (CRYPTO: XRP) $3.13
Dogecoin (CRYPTO: DOGE) $0.2374
Shiba Inu (CRYPTO: SHIB) $0.00001367

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 13.4% and increased by 5.2%, respectively. Daily active addresses grew 6.2% and dropped 4.8%, respectively.
  • Coinglass data shows 310,509 traders were liquidated in the past 24 hours for $956.46 million.
  • SoSoValue data shows net outflows of $85.96 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $332.2 million.

Trader Notes: Rekt Capital sees Bitcoin is currently in week three of its price discovery uptrend two, a historical phase that often sees several more weeks of rally before …

Full story available on Benzinga.com