Cryptocurrency markets are slightly down on Friday morning as BTC faces resistance near the $107,000 mark, with thin spot volumes and weak speculative drive raising questions about the rally’s strength.
Cryptocurrency | Ticker | Price |
Bitcoin | (CRYPTO: BTC) | $107,151.6 |
Ethereum | (CRYPTO: ETH) | $2,454.9 |
Solana | (CRYPTO: SOL) | $142.2 |
XRP | (CRYPTO: XRP) | $2.09 |
Dogecoin | (CRYPTO: DOGE) | $0.1611 |
Shiba Inu | (CRYPTO: SHIB) | $0.00001123 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreased 7.2% and edged 0.5% higher, respectively. Daily active addresses for BTC and ETH were up 2.5% and down 13.6%, respectively.
- Coinglass data shows 82,822 traders were liquidated in the past 24 hours for $193.17 million.
- SoSoValue data shows net inflows of $228.15 million into spot Bitcoin ETFs on Thursday, while Spot Ethereum ETFs saw net outflows of $26.5 million.
Trader Notes: Crypto trader Daan Crypto Trades noted Bitcoin …