Bitcoin, Ethereum, XRP, Dogecoin Bleed Lower As Trump Tariff Threat Looms

Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $96,769.28 -0.8%
Ethereum (CRYPTO: ETH)  $2,650.07 -1.7%
Solana (CRYPTO: SOL)  $195.91 -2.4%
XRP (CRYPTO: XRP)  $2.43 -5.5%
Dogecoin (CRYPTO: DOGE)  $0.2502 -2.4%
Shiba Inu (CRYPTO: SHIB)  $0.0000153 -2.5%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%. Transactions greater than $100,000 are relatively flat. Exchanges netflows are down by 103%.
  • Coinglass data reports 93,111 traders were liquidated in the past 24 hours for $231.19 million.
  • Glassnode data shows since mid-December retail investors (≤1 BTC) have been accumulating Bitcoin at an accelerated rate, averaging 10,627 BTC per day—72% higher than the past year’s daily average of 6,177 BTC.

Notable Developments:

Full story available on Benzinga.com

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