Bitcoin Dumps 3%, But Ethereum, XRP, Dogecoin Outperform: Is This The New ‘Altseason’?

Bitcoin slid sharply to start the month, weighed down by news that Michael Saylor sold BTC for the first time.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $71,465.77
Ethereum (CRYPTO: ETH) $1,984.21
Solana (CRYPTO: SOL) $80.81
XRP (CRYPTO: XRP) $1.29
Dogecoin (CRYPTO: DOGE) $0.09981
Shiba Inu (CRYPTO: SHIB) $0.055532

Notable Statistics:

  • Coinglass data shows 154,860 traders were liquidated in the past 24 hours for $632.05 million.       
  • SoSoValue data shows net outflows of $125.3 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $17.9 million.

Notable Developments:

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