Bitcoin Dips Below $110,000 As Ethereum, XRP, Dogecoin Extend Losses

Cryptocurrency markets are trading slightly down as Bitcoin has dipped below the crucial $110,000 mark.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $109,823.00
Ethereum (CRYPTO: ETH) $4,416.89
Solana (CRYPTO: SOL) $187.58
XRP (CRYPTO: XRP) $2.89
Dogecoin (CRYPTO: DOGE) $0.2101
Shiba Inu (CRYPTO: SHIB) $0.00001216

Notable Statistics:

  • Coinglass data shows 168,320 traders were liquidated in the past 24 hours for $756.67 million.        
  • SoSoValue data shows net inflows of $219 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ET’Fs saw net inflows of $443.9 million. 

Trader Notes: Michael van de Poppe marked levels just beneath the recent low as a “great entry for accumulation” in Bitcoin.