Bitcoin, Ethereum, XRP, Dogecoin Slide On Quiet Monday, Trader Predicts ‘Choppy’ Price Action Until 2025

Cryptocurrency markets are trading lower on a low-volume Monday.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $92,996.64 -3.2%
Ethereum (CRYPTO: ETH)  $3,313.40 -0.3%
Solana (CRYPTO: SOL)  $184.82 +0.9%
XRP (CRYPTO: XRP)  $2.16 -4%
Dogecoin (CRYPTO: DOGE)  $0.3108 -2.5%
Shiba Inu (CRYPTO: SHIB)  $0.00002168   -1%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%. Transactions greater than $100,000 are down from 8,435 to 7,495 in a single day. Exchanges netflows are down by 246.9%.
  • Coinglass data reports 100,183 traders were liquidated in the past 24 hours for $293.65 million.
  • Santiment data shows number of non-empty wallets for Bitcoin increased 27% in the past two years, while Ethereum reported a 47% surge.

Notable Developments:

Full story available on Benzinga.com