Passer au contenu principal
« Paris (French) accueil »« News accueil »
Story

Bitcoin, Ethereum, XRP, Dogecoin Hold Gains As Crypto ETF Inflows Continue

Khyathi Dalal

2 min read

In This Article:

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Crypto markets are holding steady, boosted by growing optimism over a potential Federal Reserve rate cut, Arizona's new Bitcoin reserve law, and continued institutional accumulation.

Cryptocurrency

Ticker

Price

Bitcoin

(CRYPTO: BTC)

$107,127.27

Ethereum

(CRYPTO: ETH)

$2,426.90

Solana

(CRYPTO: SOL)

$145.86

XRP

(CRYPTO: XRP)

$2.19

Dogecoin

(CRYPTO: DOGE)

$0.1653

Shiba Inu

(CRYPTO: SHIB)

$0.00001162

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increasing by 9% and 12%, respectively. Daily active addresses are up by 12% and 19.6%, respectively.

  • Coinglass data shows 76,197 traders were liquidated in the past 24 hours for $169.71 million.

  • SoSoValue data shows net inflows of $588.6 million into spot Bitcoin ETFs on Tuesday, while spot Ethereum ETFs saw net inflows of $71.2 million.

Trader Notes: Crypto trader Jelle highlighted Bitcoin's quick recovery after briefly dipping below recent lows. The reclaim of a key resistance level suggests strength, with liquidity clusters just overhead, potentially setting up for a rapid upside move..

Don’t Miss:

On the other hand, Rekt Capital noted Bitcoin is now positioned to break out of its multi-week downtrend. But to confirm a reversal, Bitcoin must close the week solidly above a key diagonal trendline, not just wick above it.

Ted Pillows pointed out that Ethereum is currently holding the range low but must reclaim $2,525 to resume upward momentum toward the range highs.

Ameba observed that Solana's reclaim of the MH level could lead to a short-term surge toward the monthly open. A breakout above that would likely bring strong bullish momentum.