Bitcoin, Ethereum, Dogecoin Holding On Green Zone With Marginal Gains, Trader Predicts ‘Will Test $65K To $66K Later This Week’
Posted On October 7, 2024
Cryptocurrency markets are trading relatively flat but clinging to the green zone.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $63,031 | +0.5% |
Ethereum (CRYPTO: ETH) | $2,432 | -0.7% |
Solana (CRYPTO: SOL) | $145.8 | -0.02% |
Dogecoin (CRYPTO: DOGE) | $0.11 | -1.2% |
Shiba Inu (CRYPTO: SHIB) | $0.00001778 | -2.5% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 36% and daily active addresses inching higher by 0.3%. Transactions greater than $100,000 are down from 5,463 to 5,296 in a single day. Exchanges netflows are up by 361.6%.
- Coinglass data reports 63,977 traders were liquidated in the past 24 hours with the total liquidations at $209.88 million. Crypto short liquidations stand at $103.3 million, the highest since Sep. 19.
- Simply Bitcoin cited Coinglass data to show 51,300 BTC have been withdrawn from exchanges this month, including 5,270 BTC today.
Notable Developments: