Bitcoin, Ethereum, XRP, Dogecoin Continue Relief Rally Off Saturday Lows
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Crypto markets are ticking higher on Monday, with Ethereum notably outperforming Bitcoin on its bounce from weekend lows.
|
Cryptocurrency |
Ticker |
Price |
|
Bitcoin |
(CRYPTO: BTC) |
$114,231.74 |
|
Ethereum |
(CRYPTO: ETH) |
$3,556.23 |
|
Solana |
(CRYPTO: SOL) |
$162.35 |
|
XRP |
(CRYPTO: XRP) |
$2.99 |
|
Dogecoin |
(CRYPTO: DOGE) |
$0.2013 |
|
Shiba Inu |
(CRYPTO: SHIB) |
$0.00001229 |
Notable Statistics:
-
IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 0.1% and grew 3.97%, respectively. Daily active addresses dropped by 10.4% and increased by 3.9%, respectively.
-
Coinglass data shows 58,070 traders were liquidated in the past 24 hours for $147.33 million.
-
SoSoValue data shows net outflows of $812.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $152.3 million.
Trader Notes: Crypto chart analyst Ali Martinez points to a momentum shift for Bitcoin, citing signals from the MVRV ratio, which often precedes trend changes.
Trending: 7,000+ investors have joined Timeplast's mission to eliminate microplastics—now it's your turn to invest in the future of sustainable plastic before time runs out.
Michael van de Poppe observes Bitcoin approaching a key resistance zone, a crucial step toward a new all-time high.
However, a breakout isn’t confirmed yet.
If rejected, a pullback to the $110,000–$112,000 range is likely.
See Also: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — You Can Become an Investor for Just $500.25
For a sustained rally, Bitcoin must break above $114,800 and $116,800. A temporary dip before a breakout later this month or in September wouldn't be unexpected.
More Crypto Online highlights Ethereum's technical setup, suggesting a breakout above $3,703 could lead to a test of $4,100 in August.
Analyst CW shares insights on XRP and Solana:
Content Original Link:
" target="_blank">
