Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways On New Year’s Eve

Cryptocurrency markets are trading relatively flat on New Year’s Eve, with Bitcoin exchange netflows significantly lower.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $93,826 -0.5%
Ethereum (CRYPTO: ETH)  $3,354 -1.0%
Solana (CRYPTO: SOL)  $195.05 +0.8%
XRP (CRYPTO: XRP)  $2.09 +0.4%
Dogecoin (CRYPTO: DOGE)  $0.3184 +0.2%
Shiba Inu (CRYPTO: SHIB)  $0.00002124 -1.1%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 48.2% and daily active addresses falling by 0.07%. Transactions greater than $100,000 are up from 7,678 to 10,479 in a single day. Exchanges netflows are down by 3,927.1%.
  • Coinglass data reports 85,767 traders were liquidated for $236.02 million.

Notable Developments:

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