Bitcoin, Ethereum, XRP Plunge Over 6% Each, Dogecoin Drowns 14% On Turbulent Post-FOMC Thursday
Posted On December 19, 2024
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday’s Fed meeting.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $97,083.43 | -5.7% |
| Ethereum (CRYPTO: ETH) | $3,377.75 | -9.3% |
| Solana (CRYPTO: SOL) | $192.61 | -8.3% |
| XRP (CRYPTO: XRP) | $2.21 | -6.5% |
| Dogecoin (CRYPTO: DOGE) | $0.312 | -14.1% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002161 | -12% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat. Transactions greater than $100,000 are down from 14,557 to 13,516 in a single day. Exchanges netflows are down by 4.09%.
- Coinglass data reports 368,308 traders were liquidated in the past 24 hours for $1.19 billion, the most ;ong liquidations since Dec.10.
- Crypto chart analyst Ali Martinez noted whales purchased $1 billion worth BTC during recent market dip.
Notable Developments:
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