Bitcoin, Ethereum, Dogecoin Close September With A Down Day: ‘Nothing Goes Up Forever, Now Market Looks Much Healthier,’ Says Trader

Cryptocurrency markets are trading lower to start the new week after record inflows into Bitcoin ETFs last week.

Cryptocurrency Price     Gains +/-
Bitcoin (CRYPTO: BTC)  $63,431.9  -3.6%
Ethereum (CRYPTO: ETH)  $2,589.2  -2.8%
Solana (CRYPTO: SOL)  $154.6  -2%
Dogecoin (CRYPTO: DOGE)  $0.118  -7.2%
Shiba Inu (CRYPTO: SHIB)  $0.00001779  -8.4%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increased by 6.05% and daily active addresses spiked by 4.9%. Currently, 86% of Bitcoin holders are in profit and 5% are at breakeven.
  • Coinglass data reports 69,000 traders liquidated in the past 24 hours for $201.46 million. Long liquidations of $156 million are the highest since Sep. 6.
  • Arkham Intelligence marked Friday as the most bullish ETF day in more than two months. With total net inflows of $494.4 million, the biggest buyers were Ark Invest, Fidelity and Blackrock.

Notable Developments:

Full story available on Benzinga.com