Bitcoin, Dogecoin Dip, Ethereum Stays Green: Trader Predicts ‘First Major BTC Correction’ Only After One Key Level Hits

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer.

Cryptocurrency Price     Gains +/-
Bitcoin (CRYPTO: BTC)  $94,748.63 -1.6%
Ethereum (CRYPTO: ETH)  $3,482.07 +4.7%
Solana (CRYPTO: SOL)  $240.19 -3.6%
Dogecoin (CRYPTO: DOGE)  $0.4052 -3.3%
Shiba Inu (CRYPTO: SHIB)  $0.00002568   +2.8%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%. Transactions greater than $100,000 are down from 11,633 to  9,585 in a single day. Exchanges netflows are down by 96.4%.
  • Coinglass data reports 153,054 traders were liquidated in the past 24 hours for $439.64 million.

Notable Developments:

Top Gainers:

Full story available on Benzinga.com

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