Bitcoin, Ethereum, Dogecoin Hold Steady As XRP Slips Ahead Of PPI Data

Cryptocurrency markets opened Wednesday on a cautious note, trading slightly lower ahead of the latest U.S. Producer Price Index (PPI) data release.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $112,219.37
Ethereum (CRYPTO: ETH) $4,325.31
Solana (CRYPTO: SOL) $219.19
XRP (CRYPTO: XRP) $2.96
Dogecoin (CRYPTO: DOGE) $0.2399
Shiba Inu (CRYPTO: SHIB) $0.00001289

Notable Statistics:

  • Coinglass data shows 136,438 traders were liquidated in the past 24 hours for $256.20 million.  
  • SoSoValue data shows net inflows of $23.05 million into spot Bitcoin ETFs on Tuesday. Spot Ethereum ET’Fs saw net inflows of $44.2 million.

Trader Notes: Ted Pillows said BTC has slipped back into bearish consolidation, weighed down by weak spot demand and …

Full story available on Benzinga.com