Cryptocurrency markets are trading lower, as Bitcoin is clinging on to its $60,000 support.
Cryptocurrency | Price | Gains +/- |
Bitcoin BTC/USD | $59,925.51 | -3.3% |
Ethereum ETH/USD | $3,275.86 | -4.1% |
Solana SOL/USD | $140.10 | -7.9% |
Dogecoin DOGE/USD | $0.1177 | -5.1% |
Shiba Inu SHIB/USD | $0.00001632 | -4.7% |
Notable Statistics:
- IntoTheBlock data notes a drop in Bitcoin’s metrics; large transactions volume is down by 6%, and daily active addresses declined by 14%. Transactions greater than $100,000 also narrowed significantly.
- Coinglass notes Bitcoin liquidations ($39.1 million) and open interest ($33.4 billion) at the highest level since June 25. In the past 24 hours, 61,742 traders were liquidated for $171.26 million.
- Crypto trader Michaёl van de Poppe noted that the Bitcoin CME gap closed.
- Daan Crypto Trades highlighted a large short of $45 million entering at $60,000.
Notable Developments:
Top Losers:
Cryptocurrency | Price | Gains +/– |
Ethereum Name Service ENS/USD | $25.99 | -16.3% |
Dogwifhat WIF/USD | $1.85 | -15.7% |
Bonk BONK/USD | $0.00002187 | -14.1% |
Image: Shutterstock
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