Bitcoin, Ethereum, XRP, Dogecoin Range-Bound Even As Longest Government Shutdown Nears End; Analytics Firm ‘Bullish’ On This Key BTC Metric
Leading cryptocurrencies traded flat overnight on Wednesday, while stock futures climbed after the House approved a bill to end the 43-day government shutdown.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:35 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.77% | $102,425.18 |
| Ethereum (CRYPTO: ETH) |
+0.26% | $3,454.97 |
| XRP (CRYPTO: XRP) | +0.09% | $2.41 |
| Solana (CRYPTO: SOL) | -1.02% | $153.60 |
| Dogecoin (CRYPTO: DOGE) | -0.47% | $0.1719 |
Crypto Market Consolidates
Bitcoin slipped to an intraday low of $100,836.6, with trading activity staying subdued over the past 24 hours.
Ethereum briefly climbed to $3,586.01 early morning but soon retraced all its gains, settling into a consolidation phase between $3,400 and $3,450. XRP and Dogecoin also traded sideways.
Over $530 million was liquidated from the cryptocurrency market in the last 24 hours, with nearly $425 million in bullish longs wiped out.
Bitcoin’s open interest declined 1.67% in the last 24 hours, and roughly 3% over the week. Ethereum’s derivatives recorded a modest 0.14% jump in open interest.
The market remained in “Extreme …
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