Bitcoin, Ethereum, Dogecoin Drop Again, Continue Defying ‘Uptober’ Sentiments: Watch This Key Level For A Rebound To $63K, Says Analyst

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:

Franklin Templeton Seeks SEC Approval For Dual Bitcoin, Ethereum Index ETF
Visa Teams Up with BBVA To Issue Fiat-Backed …

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