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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin Drops Below $109,000 As XRP Slides Below $3 And ETH, Dogecoin Wobble

Coin,Bitcoin,,Eth,And,Xrp,On,Background,Cryptocurrency,Trading,Chart

Cryptocurrency markets are trading lower ahead of the holiday weekend.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $108,506.34
Ethereum (CRYPTO: ETH) $4,350.55
Solana (CRYPTO: SOL) $203.15
XRP (CRYPTO: XRP) $2.82
Dogecoin (CRYPTO: DOGE) $0.2118
Shiba Inu (CRYPTO: SHIB) $0.00001204

Notable Statistics:

  • Coinglass data shows 144,840 traders were liquidated in the past 24 hours for $545.67 million.         
  • SoSoValue data shows net inflows of $178.9 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ET'Fs saw net inflows of $39.2 million. 
  • In the past 24 hours, top gainers include Pyth Network (CRYPTO: PYTH), Pump.fun (CRYPTO: PUMP) and Pi (CRYPTO: PI)

Notable Developments:

Trader Notes: Crypto trader Moustache aka El Crypto Prof pointed out that Bitcoin is currently testing its most important two-year trendline, a support level that has guided the entire cycle.

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