Bitcoin, Ethereum, Dogecoin Dip As XRP Holds Steady: Trader Warns Of Potential Drop To $92,000 Without Improvement

Cryptocurrency markets are trading lower on Thursday, continuing to trade in a tight range.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $95,842.60 -1.3%
Ethereum (CRYPTO: ETH)  $2,648.21 -1%
Solana (CRYPTO: SOL)  $193.46 +0.07%
XRP (CRYPTO: XRP)  $2.46 +0.8%
Dogecoin (CRYPTO: DOGE)  $0.2571   -1.5%
Shiba Inu (CRYPTO: SHIB)  $0.00001617 -3.4%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses higher by 8.5%. Transactions greater than $100,000 are down from 10,487 to 9,846 in a single day. Exchanges netflows are down by 134.4%.
  • Coinglass data reports 107,479 traders were liquidated in the past 24 hours for $202.63 million.

Notable Developments:

Full story available on Benzinga.com

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