Bitcoin, Ethereum, XRP Dogecoin Rip Higher, Trader Eyes $104,000 If This Resistance Level Breaks
Posted On January 2, 2025
Cryptocurrency markets are trading higher on Thursday as positive market sentiment rings in the new year.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $97,554.72 | +3.2% |
| Ethereum (CRYPTO: ETH) | $3,463.77 | +3.3% |
| Solana (CRYPTO: SOL) | $207.01 | +7% |
| XRP (CRYPTO: XRP) | $2.39 | +3.8% |
| Dogecoin (CRYPTO: DOGE) | $0.3392 | +4.5% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002282 | +5.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 35.4% and daily active addresses falling by 0.06%. Transactions greater than $100,000 are down from 10,375 to 8,267 in a single day. Exchanges netflows are down by 0.2%. There are no Bitcoin holders making a loss at current prices.
- Coinglass data reports 75,855 traders were liquidated in the past 24 hours for $206.32 million.
- U.S. Spot Bitcoin ETFs are approaching the …
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