Bitcoin, Ethereum, XRP, Dogecoin Slide On Quiet Monday, Trader Predicts ‘Choppy’ Price Action Until 2025
Posted On December 23, 2024
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: