Bitcoin, Ethereum, Dogecoin Drop Again, Continue Defying ‘Uptober’ Sentiments: Watch This Key Level For A Rebound To $63K, Says Analyst
Posted On October 3, 2024
Cryptocurrency markets are trading lower as geopolitical tensions continue to loom over global financial markets.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $60,619.33 | -1% |
Ethereum (CRYPTO: ETH) | $2,342.84 | -3% |
Solana (CRYPTO: SOL) | $134.89 | -5.8% |
Dogecoin (CRYPTO: DOGE) | $0.103 | -0.7% |
Shiba Inu (CRYPTO: SHIB) | $0.0000159 | -3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 13.4% and daily active addresses falling by 15.9%. Transactions greater than $100,000 are down from 9,410 to 8,750 in a single day. Exchanges netflows are down by 4,310.1%.
- Coinglass data reports 93,852 traders were liquidated in the past 24 hours for $263.49 million.
Notable Developments: