Cryptocurrency markets are trading lower on Monday as profit-taking accelerates.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $115,040.35
Ethereum (CRYPTO: ETH) $4,263.27
Solana (CRYPTO: SOL) $180.76
XRP (CRYPTO: XRP) $2.97
Dogecoin (CRYPTO: DOGE) $0.2215
Shiba Inu (CRYPTO: SHIB) $0.00001253

Notable Statistics:

  • Coinglass data shows 131,098 traders were liquidated in the past 24 hours for $550.00 million.    
  • SoSoValue data shows net outflows of $14.1 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $59.3 million. 

Trader Notes: Altcoin Sherpa expects Bitcoin to see a short-term bounce near $113,000, but still views a move toward the $111,000 range low (or lower) as likely.

Full story available on Benzinga.com