Bitcoin, Ethereum, XRP, Dogecoin Rally On Fed Rate Cut, Altcoin ETFs – ‘Slow & Steady – On To New Highs’

Cryptocurrency markets continue to push higher after the Federal Reserve’s rate cut amid the launch of new altcoin ETFs.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $117,785.90
Ethereum (CRYPTO: ETH) $4,612.77
Solana (CRYPTO: SOL) $250.11
XRP (CRYPTO: XRP) $3.11
Dogecoin (CRYPTO: DOGE) $0.2842
Shiba Inu (CRYPTO: SHIB) $0.00001353

Notable Statistics:

  • Coinglass data shows 105,119 traders were liquidated in the past 24 hours for $336.51 million.     
  • SoSoValue data shows net outflows of $51.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $1.9 million.
  • In the past 24 hours, top gainers include Aster (CRYPTO: ASTER), Immutable (CRYPTO: IMX) and Avalanche (CRYPTO: AVAX).

Notable Developments:

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