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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin, Ethereum, XRP, Dogecoin Shine On Friday As Traders Fancy Weekend Altcoin Surge

Golden,Bitcoin,Cryptocurrency,Concept,With,Floating,Coins,And,Digital,Technology

Cryptocurrency markets are trading higher on Friday, with Ethereum outperforming Bitcoin.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $116,472.19
Ethereum (CRYPTO: ETH) $4,622.66
Solana (CRYPTO: SOL) $240.59
XRP (CRYPTO: XRP) $3.07
Dogecoin (CRYPTO: DOGE) $0.2710
Shiba Inu (CRYPTO: SHIB) $0.00001360

Notable Statistics:

  • Coinglass data shows 116,316 traders were liquidated in the past 24 hours for $329.54 million.   
  • The top gainers in the past 24 hours include MYX Finance (CRYPTO: MYX), MemeCore (CRYPTO: M) and Pump. Fun (CRYPTO: PUMP).

Notable Developments:

Trader Notes: Crypto trader Skew observed Bitcoin being pushed toward $116,000, though sellers continue to defend the zone. He added buyers will need stronger momentum to overcome this supply wall.

Stockmoney Lizards pointed to resistance between $117,000–$118,000, a high-volume node. They expect BTC to consolidate here through September, before October potentially turns bullish and sets the stage for a new all-time high.

UB predicted this could be a weekend where altcoins take the spotlight and send higher.

More Crypto Online highlighted Bitcoin's positive reaction at support, keeping the $117,600–$118,500 zone in play as the next upside target.

Read Next: 

Image: Shutterstock

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