Bitcoin Ethereum, XRP, Dogecoin Maintain Uptrend Ahead Of Consumer Price Inflation Data

Cryptocurrency markets continued their upward momentum on Thursday morning.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $114,056.31
Ethereum (CRYPTO: ETH) $4,428.15
Solana (CRYPTO: SOL) $225.68
XRP (CRYPTO: XRP) $3.01
Dogecoin (CRYPTO: DOGE) $0.2508
Shiba Inu (CRYPTO: SHIB) $0.00001312

Notable Statistics:

  • Coinglass data shows 135,215 traders were liquidated in the past 24 hours for $265.11 million. 
  • SoSoValue data shows net inflows of $757.1 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ET’Fs saw net inflows of $171.5 million.

Trader Notes: Michael van de Poppe stressed Bitcoin’s key support at $112,500, saying a flip of this level confirms a renewed uptrend that could boost altcoins.

Full story available on Benzinga.com