Bitcoin, Ethereum, Dogecoin See Friday Gains, But Trader Warns '$59,000 Must Hold, No Major Moves Expected This Weekend'
Cryptocurrency / 11.10.2024

Bitcoin, Ethereum, Dogecoin See Friday Gains, But Trader Warns '$59,000 Must Hold, No Major Moves Expected This Weekend'

Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up.CryptocurrencyPrice Gains +/-Bitcoin (CRYPTO: BTC) $63,000.44+5.8%Ethereum (CRYPTO: ETH) $2,459.54+4.3%Solana (CRYPTO: SOL) $145.88+6.2%Dogecoin (CRYPTO: DOGE) $0.111+6.2%Shiba Inu (CRYPTO: SHIB) $0.00001775+8.2%Notable Statistics:IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%. Transactions greater than $100,000 were up from 7,555 to 8,264 in a single day. Exchanges netflows were down by 327.6%. Currently, 87% of Bitcoin holders made profits while 13% were at breakeven.Coinglass data reported 38,216 traders were liquidated in the past 24 hours with the total liquidations at $115.88 million.Notable Developments:Bitcoin Will Hit $250K, Raoul Pal Says: Why The Guru’s Top 5 Crypto Predictions Matter If ‘You’re A Wage Slave’Tron Founder Justin Sun Appointed ‘Prime Minister’ Of A Crypto-Focused ...Full story available on Benzinga.com

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Published by: benzinga

Read full article here: https://www.benzinga.com/markets/cryptocurrency/24/10/41299648/bitcoin-ethereum-dogecoin-see-friday-gains-but-trader-warns-59-000-must-hold-no-major-move

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