Bitcoin Below $65,000, Ethereum, XRP, Dogecoin Fail To Bounce Without Bottom Signals

Bitcoin is attempting to stabilize near $65,000, but extreme fear and weakening technical signals suggest the market has yet to reach a traditional cycle bottom.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $64,274.47
Ethereum (CRYPTO: ETH) $1,848.89
Solana (CRYPTO: SOL) $78.12
XRP (CRYPTO: XRP) $1.35
Dogecoin (CRYPTO: DOGE) $0.09188
Shiba Inu (CRYPTO: SHIB) $0.055919

Notable Statistics:

  • Coinglass data shows 126,723 traders were liquidated in the past 24 hours for $358.17 million.
  • SoSoValue data shows net outflows of $203.8 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $49.5 million.
  • In the past 24 hours, top gainers include pippin, Decred and Ether.fi.

Notable Developments:

Full story available on Benzinga.com