Bitcoin, Ethereum, XRP, Dogecoin Continue Ranging Ahead Of Decision On Sanctions Against Russia

Cryptocurrency markets are trading sideways on Wednesday, with markets awaiting President Trump’s decision on potential sanctions against Russia.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $113,909
Ethereum (CRYPTO: ETH) $3,585
Solana (CRYPTO: SOL) $163.29
XRP (CRYPTO: XRP) $2.95
Dogecoin (CRYPTO: DOGE) $0.20
Shiba Inu (CRYPTO: SHIB) $0.0000121

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 11.8% and 19.1%, respectively. Daily active addresses grew 8.3% and 1.3%, respectively.
  • Coinglass data shows 136,367 traders were liquidated in the past 24 hours for $342.09 million.  
  • SoSoValue data shows net outtflows of $196.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $73.2 million.

Trader Notes: Crypto Caesar sees Bitcoin support is holding well currently and there could be some sideways price …

Full story available on Benzinga.com