Bitcoin, Ethereum, XRP, Dogecoin Face Selling Pressure — What To Watch On Thursday

Bitcoin remains subdued on Thursday morning as a stronger U.S. dollar against the Japanese Yen weighs on the cryptocurrency markets. Despite the pullback, spot Bitcoin and Ethereum ETFs recorded notable inflows of $440.7 million and $69 million, respectively.

Highlighting market volatility, 155,911 traders faced liquidations totaling $533.69 million in the past 24 hours.

Altcoins Gain Strength Against Bitcoin

Crypto trader Michael van de Poppe highlighted that the altcoin market capitalization is showing a strong uptrend against Bitcoin.

Full story available on Benzinga.com