Cryptocurrency markets are trading lower on Monday, with analysts fearing a further slide in prices.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $116,355.23
Ethereum (CRYPTO: ETH) $4,369.60
Solana (CRYPTO: SOL) $183.81
XRP (CRYPTO: XRP) $3.07
Dogecoin (CRYPTO: DOGE) $0.2239
Shiba Inu (CRYPTO: SHIB) $0.00001275

Notable Statistics:

  • Coinglass data shows 124,371 traders were liquidated in the past 24 hours for $530.47 million.     
  • SoSoValue data shows net outflows of $14.1 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $59.3 million. 
  • The top losers in the past 24 hours include Pump.fun (CRYPTO: PUMP), Sky (CRYPTO: SKY) and Virtuals Protocol (CRYPTO: VIRTUAL).

Notable Developments:

Full story available on Benzinga.com