Bitcoin, Ethereum, XRP, Dogecoin Dip Ahead Of Government Shutdown Showdown

Cryptocurrencies are down on Tuesday morning, with Bitcoin retracing back to $113,000 ahead of a pivotal U.S. government shutdown negotiation.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $113,077.71
Ethereum (CRYPTO: ETH) $4,165.70
Solana (CRYPTO: SOL) $206.89
XRP (CRYPTO: XRP) $2.84
Dogecoin (CRYPTO: DOGE) $0.2299
Shiba Inu (CRYPTO: SHIB) $0.00001173

Notable Statistics:

  • Coinglass data shows 130,808 traders were liquidated in the past 24 hours for $367.30 million.   
  • SoSoValue data shows net outflows of $521.95 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $546.96 million.

Trader Notes: Crypto trader Niels highlighted that rising Bitcoin dominance is actually bullish for altcoins.

As BTC strengthens, the cycle remains intact, creating prime accumulation windows before …

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