Bitcoin Consolidates At $124,000 Ethereum, XRP, Dogecoin Awaiting Permission To Surge

Cryptocurrencies are consolidating at highs on Monday morning after Bitcoin made a new all-time high on Sunday.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $123,932.31
Ethereum (CRYPTO: ETH) $4,570.83
Solana (CRYPTO: SOL) $232.14
XRP (CRYPTO: XRP) $2.99
Dogecoin (CRYPTO: DOGE) $0.2586
Shiba Inu (CRYPTO: SHIB) $0.00001265

Notable Statistics:

  • Coinglass data shows 126,157 traders were liquidated in the past 24 hours for $233.33 million.     
  • SoSoValue data shows net inflows of $985.08 million into spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $233.5 million.

Trader Notes: Crypto chart analyst Ali Martinez warned that Bitcoin may be entering a short-term profit-taking phase as the TD Sequential indicator flashes a sell signal.

Full story available on Benzinga.com