Bitcoin, Ethereum, XRP, Dogecoin Pull Back After FOMC: $84,000 Support Is Key, Traders Note

Cryptocurrencies slightly retraced gains on Thursday as President Trump addressed cryptocurrency investors via a pre-recorded statement.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $84,401
-1.4%
Ethereum (CRYPTO: ETH)  $1,975.75  -2.6%
Solana (CRYPTO: SOL)  $127.88 -3.6%
XRP (CRYPTO: XRP)  $2.43 -1.9%
Dogecoin (CRYPTO: DOGE)  $0.1692 -2.7%
Shiba Inu (CRYPTO: SHIB)  $0.00001286 -0.6%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume relatively flat at $45.9 billion and daily active addresses are up by 1.8%. Transactions greater than $100,000 are up from 9,552 to 9,995 in a single day. Exchanges netflows are down by 212.4%.
  • Coinglass data reports 92,154 traders were liquidated in the past 24 hours for $273.77 million.

Notable Developments:

Full story available on Benzinga.com

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