Bitcoin, Ethereum, Dogecoin Chasing New Highs But XRP Dwindling: ‘Weekend Probably Gives Alts Breathing Room,’ Trader Says

Cryptocurrency markets are surging on the last trading day before the presidential inauguration.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $105,607.81 +5.6%
Ethereum (CRYPTO: ETH) $3,426.67 +2.8%
Solana (CRYPTO: SOL) $216.86 +1.7%
XRP (CRYPTO: XRP) $3.24 -4%
Dogecoin (CRYPTO: DOGE) $0.4148 +7.6%
Shiba Inu (CRYPTO: SHIB) $0.00002403 +7.5%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 6.4% and daily active addresses falling by 2.9%. Transactions greater than $100,000 are up from 11,601 to 12,233 in a single day. Exchanges netflows are down by 268%.
  • Coinglass data reports 94,646 traders were liquidated in the past 24 hours for $285.01 million.

Notable Developments:

Full story available on Benzinga.com

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