Bitcoin, Ethereum, Dogecoin See Friday Gains, But Trader Warns ‘$59,000 Must Hold, No Major Moves Expected This Weekend’

Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up.

Cryptocurrency
Price    
Gains +/-

Bitcoin (CRYPTO: BTC)
 $63,000.44
+5.8%

Ethereum (CRYPTO: ETH)
 $2,459.54
+4.3%

Solana (CRYPTO: SOL)
 $145.88
+6.2%

Dogecoin (CRYPTO: DOGE)
 $0.111
+6.2%

Shiba Inu (CRYPTO: SHIB)
 $0.00001775
+8.2%

Notable Statistics:

IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%. Transactions greater than $100,000 were up from 7,555 to 8,264 in a single day. Exchanges netflows were down by 327.6%. Currently, 87% of Bitcoin holders made profits while 13% were at breakeven.
Coinglass data reported 38,216 traders were liquidated in the past 24 hours with the total liquidations at $115.88 million.

Notable Developments:

Bitcoin Will Hit $250K, Raoul Pal Says: Why The Guru’s Top 5 Crypto Predictions Matter If ‘You’re A Wage Slave’
Tron Founder Justin Sun Appointed ‘Prime Minister’ Of A Crypto-Focused …

Full story available on Benzinga.com

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