Bitcoin, Ethereum, XRP, Dogecoin Drop, Trader Predicts BTC Could Retest $73,000 If 2025 ‘Mirrors 2017’
Posted On January 27, 2025
Cryptocurrency markets saw a volatile trading session on Monday, as fears over Chinese AI model DeepSeek spooked tech stocks.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $101,809 | -2.9% |
Ethereum (CRYPTO: ETH) | $3,190 | -3.8% |
Solana (CRYPTO: SOL) | $236.2 | -6.1% |
XRP (CRYPTO: XRP) | $3.04 | -2.3% |
Dogecoin (CRYPTO: DOGE) | $0.3333 | -4.6% |
Shiba Inu (CRYPTO: SHIB) | $0.00001903 | -3.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 8% and daily active addresses falling by 7%. Transactions greater than $100,000 are down from 8,669 to 8,000 in a single day. Exchanges netflows are down by 22.7%.
- Coinglass data reports 344,258 traders were liquidated in the past 24 hours for $995.51 million. Bitcoin derivatives trading volume surged 293% in a single day.
Notable Developments: