Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways As Trader Warns Of Potential BTC Death Cross

Cryptocurrencies traded in a tight sideways range on Thursday, awaiting the release of inflation data on Friday.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $87,379.89  +1.5%
Ethereum (CRYPTO: ETH)  $2,011.66 +1%
Solana (CRYPTO: SOL)  $139.47 +1.7%
XRP (CRYPTO: XRP)  $2.35 -0.8%
Dogecoin (CRYPTO: DOGE)  $0.1919 -0.4%
Shiba Inu (CRYPTO: SHIB)  $0.00001414   -0.2%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 4.2% and daily active addresses growing by 5.2%. Transactions greater than $100,000 are up from 9,714 to 9,796 in a single day. Exchanges netflows are down by 90.5%.
  • Coinglass data reports 95,153 traders were liquidated in the past 24 hours for $213.18 million.

Notable Developments:

Full story available on Benzinga.com

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