Bitcoin, Ethereum, XRP, Dogecoin Extend Losses As BTC Eyes 8-Year Resistance Turned Support

Cryptocurrency markets are trading lower as profit-taking continues to weigh on sentiment.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $113,217.81
Ethereum (CRYPTO: ETH) $4,171.01
Solana (CRYPTO: SOL) $178.62
XRP (CRYPTO: XRP) $2.92
Dogecoin (CRYPTO: DOGE) $0.2131
Shiba Inu (CRYPTO: SHIB) $0.00001220

Notable Statistics:

  • Coinglass data shows 126,923 traders were liquidated in the past 24 hours for $444.38 million.     
  • SoSoValue data shows net outflows of $121.8 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $196.6 million. 
  • The top losers in the past 24 hours include Pump.fun (CRYPTO: PUMP), Sei (CRYPTO: SEI) and SPX6900 (CRYPTO: SPX).

Notable Developments:

Full story available on Benzinga.com