Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: ‘Final Move Down Before The Recovery,’ Trader Says

Cryptocurrency markets are trading lower on Tuesday, with Bitcoin tapping the $95,000 level.  

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $95,189.97 -2.3%
Ethereum (CRYPTO: ETH)  $2,600.05 -2.8%
Solana (CRYPTO: SOL)  $196.61 -2.8%
XRP (CRYPTO: XRP)  $2.40 -1%
Dogecoin (CRYPTO: DOGE)  $0.2519 -0.7%
Shiba Inu (CRYPTO: SHIB)  $0.00001559   -1.5%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 52.2% and daily active addresses growing by 20.2%. Transactions greater than $100,000 are up from 7,194 to 9,866 in a single day. Exchanges netflows are down by 137.2%.
  • Coinglass data reports 121,611 traders were liquidated in the past 24 hours for $217.83 million.
  • Martinez noted that whales recently realized almost $800 million in BTC profits.

Notable Developments:

Full story available on Benzinga.com

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