Bitcoin Rises, While Ethereum, XRP, Dogecoin Trade Sideways: Analyst Says Odds That BTC Regains $100,000 In 2025 Have Risen
Bitcoin rose, and stocks closed at record highs on Thursday, as investors digested the Federal Reserve’s recent rate cut.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:25 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.40% | $92,081.10 |
| Ethereum (CRYPTO: ETH) |
-0.52% | $3,232.87 |
| XRP (CRYPTO: XRP) | +0.59% | $2.02 |
| Solana (CRYPTO: SOL) | +2.93% | $136.80 |
| Dogecoin (CRYPTO: DOGE) | +0.27% | $0.1402 |
Bitcoin’s Uptick Lifts Open Interest
The apex cryptocurrency ran up to $93,550 late afternoon, only to retreat to the $91,000 region overnight. Trading volume dipped 3% over the last 24 hours.
Ethereum wobbled in the $3,200 range throughout the day, with an attempt to breach $3,270 thwarted by bears. XRP and Dogecoin recorded slight gains..
Shares of cryptocurrency-linked stocks Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 0.73% and 2.21%, respectively, during the regular trading session.
Benzinga Edge delivers real-time stock alerts, trade ideas, and professional investing tools to help you navigate the market. Find out more about MSTR and COIN here.
Cryptocurrency liquidations hit $376 million over the last 24 hours, according to Coinglass, with $227 million in bullish long positions erased.
Bitcoin’s open interest increased 2.27% to $59.20 billion over the last 24 hours, …
About The Author
