Bitcoin, Ethereum, Dogecoin Trade Sideways: ‘$66,500 Support Needs To Hold,’ Says Trader Who Warns $61,000 Could Otherwise Be Next

Cryptocurrency markets are trading sideways on Tuesday:

Cryptocurrency
Price    
Gains +/-

Bitcoin (CRYPTO: BTC)
 $67,436.75  
-0.03%

Ethereum (CRYPTO: ETH)
 $2,626.50
-1.7%

Solana (CRYPTO: SOL)
 $168.23
+1.3%

Dogecoin (CRYPTO: DOGE)
 $0.1395
-2.3%

Shiba Inu (CRYPTO: SHIB)
 $0.00001823 
-1.3%

Notable Statistics:

IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day. Exchanges netflows are down by 151%.
Coinglass data reports 57,215 traders were liquidated in the past 24 hours for $165.97 million.

Notable Developments:

Brad Garlinghouse Defends Ripple Co-Founder’s Donation To Kamala Harris While Top Crypto Analyst Throws XRP ‘Securities’ Jibe
V3V Ventures Invests $5 Million In Premium Telegram Usernames, Seizing ‘Unique Advantages’ To Build Crypto Channels
Donald Trump’s Election Odds Surge To 64% On Polymarket, 60% On Kalshi And Favorite In All Swing States
Can Blockchain Disrupt Digital …

Full story available on Benzinga.com

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