Will Bitcoin, Ethereum, XRP, Dogecoin Hold Key Levels, ‘Before Major Market Shifts?’

Cryptocurrency markets are trading lower as overshooting producer price inflation stopped the altcoin rally.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $118,203.36
Ethereum (CRYPTO: ETH) $4,562.59
Solana (CRYPTO: SOL) $194.91
XRP (CRYPTO: XRP) $3.09
Dogecoin (CRYPTO: DOGE) $0.2247
Shiba Inu (CRYPTO: SHIB) $0.00001293

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 4% and grew 18.7%, respectively in a single day. Daily active addresses grew 0.2% and 1.2%, respectively.
  • Coinglass data shows 220,452 traders were liquidated in the past 24 hours for $1.05 billion.   
  • The top losers in the past 24 hours include Pudgy Penguins (CRYPTO: PENGU), SPX6900 (CRYPTO: SPX) and Virtuals Protocol (CRYPTO: VIRTUAL).

Notable Developments:

Full story available on Benzinga.com