Bitcoin Steadies At $110,000 As XRP Stalls And Ethereum, Dogecoin Slip

Cryptocurrency markets are trading sideways on Tuesday morning, with Bitcoin consolidating around the $110,000 level.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $110,145.73
Ethereum (CRYPTO: ETH) $4,381.65
Solana (CRYPTO: SOL) $203.13
XRP (CRYPTO: XRP) $2.80
Dogecoin (CRYPTO: DOGE) $0.2128
Shiba Inu (CRYPTO: SHIB) $0.00001229

Notable Statistics:

  • Coinglass data shows 129,994 traders were liquidated in the past 24 hours for 360.66 million.          
  • SoSoValue data shows net outflows of $126.6 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ET’Fs saw net outflows of $164.6 million. 

Trader Notes: More Crypto Online noted Bitcoin has remained capped through the holiday weekend, with a breakout opening room toward the $118,000 liquidity zone. Traders are closely watching the $112,000 resistance.

Michael van de Poppe echoed this view, highlighting that a clean move above $112,000 could push Bitcoin to new all-time highs, while a rejection keeps $103,000 as a strong buy …

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