Cryptocurrency markets are trading sideways despite key Bitcoin metrics rising.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$61,248
-1.2%
Ethereum (CRYPTO: ETH)
$2,412
-0.9%
Solana (CRYPTO: SOL)
$140.6
-1.5%
Dogecoin (CRYPTO: DOGE)
$0.1087
+1.98%
Shiba Inu (CRYPTO: SHIB)
$0.00001697
-0.9%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 5.6% and daily active addresses growing by 16.5%. Transactions greater than $100,000 are up from 8,143 to 9,459 in a single day. Exchanges netflows are up by 222%.
Coinglass data reports 47,550 traders were liquidated in the past 24 hours, with total liquidations at $102.54 million. Crypto short liquidations stand at $23.5 million, the lowest since Sep. 15.
Notable Developments:
Bitget Predicts Solana To Hit Up To $180 In October, Meme Coin Boom To …
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