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 …

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