Bitcoin Taps $116,000 As Ethereum, XRP, Dogecoin Rally On ETF Buzz

Cryptocurrency markets are trading higher on Friday, with Bitcoin briefly tapping $116,000 in overnight trading.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $114,966.63
Ethereum (CRYPTO: ETH) $4,523.39
Solana (CRYPTO: SOL) $239.16
XRP (CRYPTO: XRP) $3.04
Dogecoin (CRYPTO: DOGE) $0.2603
Shiba Inu (CRYPTO: SHIB) $0.00001269

Notable Statistics:

  • Coinglass data shows 119,454 traders were liquidated in the past 24 hours for $357.99 million. 
  • SoSoValue data shows net inflows of $552.8 million into spot Bitcoin ETFs on Thursday. Spot Ethereum ET’Fs saw net inflows of $113.1 million.

Trader Notes: Ted Pillows said Bitcoin has reclaimed $113,500, with $117,200 marked as the next crucial level aligning with a CME gap. A breakout could pave the way to new all-time …

Full story available on Benzinga.com