Bitcoin, Ethereum, Dogecoin, XRP Spike: Analyst Predicts ‘Monday Morning Sweep’ For BTC Before A ‘Great’ Q4
Leading cryptocurrencies surged alongside stock futures on Sunday as a government shutdown looms large.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +2.49% | $112,276.74 |
| Ethereum (CRYPTO: ETH) |
+3.07% | $4,133.03 |
| XRP (CRYPTO: XRP) | +2.43% | $2.86 |
| Solana (CRYPTO: SOL) | +3.64% | $209.47 |
| Dogecoin (CRYPTO: DOGE) | +2.98% | $0.2359 |
Overnight Surge After ETF Inflows Dried Up
Bitcoin rallied overnight, following days of sideways movement. The leading cryptocurrency’s trading volume surged 35.73%, suggesting trader interest and buying momentum.
Ethereum also spiked, recouping some of its losses following a drop below $4,000 earlier in the week. The second-largest cryptocurrency remains down more than 16% from its all-time highs.
According to SoSo Value, Bitcoin spot-exchange traded funds saw over $900 million in outflows last week, breaking their 4-week strong inflow streak.
Nearly $260 million was liquidated from the cryptocurrency market in the last 24 hours, with short liquidations accounting for $190 million.
Bitcoin’s open interest rose 3.07% in the last 24 hours. Meanwhile, over 58% of Binance traders with open BTC positions were betting on a price increase.
The market sentiment shifted to the …
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