Bitcoin, Ethereum, Dogecoin Double Down On Losses But One Indicator Gives Bulls Hope
Posted On December 10, 2024
Cryptocurrency markets are trading lower in Tuesday as markets continue their correction.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $96,035.77 | -0.97% |
| Ethereum (CRYPTO: ETH) | $3,639.93 | -3.9% |
| Solana (CRYPTO: SOL) | $212.60 | -4% |
| Dogecoin (CRYPTO: DOGE) | $0.3882 | -9.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002583 | -11.5% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 116% and daily active addresses growing by 6.8%. Transactions greater than $100,000 are up from 9,044 to 13,121 in a single day. Exchanges netflows are down by 152.3%.
- Coinglass data reports 583,986 traders were liquidated in the past 24 hours for $1.76 billion.
Notable Developments:
- US Strategic Bitcoin Reserve Would Cause Tectonic Shifts In Personal Finance, Researcher Predicts
- Microsoft, Amazon Investors Eye Bitcoin Investments Amid MicroStrategy’s Success
- Riot Platforms To Raise $525 Million Via Private Convertible Debt To Purchase Bitcoins
- Michael Saylor Urges US To Ditch Gold For Bitcoin: ‘Sell The Past, Own The Future’
- Bitcoin …
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