Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady.
Cryptocurrency | Price | Gains +/- |
Bitcoin BTC/USD | $103,822 | +2.6% |
Ethereum ETH/USD | $3,119 | +0.6% |
Solana SOL/USD | $233.27 | +2.1% |
XRP XRP/USD | $3.00 | +0.2% |
Dogecoin DOGE/USD | $0.3288 | +2.3% |
Shiba Inu SHIB/USD | $0.00001853 | +1.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 21.4% and daily active addresses falling by 7.8%. Transactions greater than $100,000 are down from 12,753 to 10,724 in a single day. Exchanges netflows are down by 721.5%.
- Coinglass data reports 128,942 traders were liquidated in the past 24 hours for $285.11 million.
Notable Developments:
- Robinhood Expands Trading Services With Bitcoin, Oil, Gold Futures
- Coinbase Taps Trump’s Campaign Manager, Chris LaCivita To Tackle Crypto Policy In Washington
- Czech Central Bank Considering 5% Bitcoin Reserve
- Bill Miller Snapped Up 50K MicroStrategy Shares In Q3 — Was It A Smarter Play Than Bitcoin ETFs?
- Robinhood CEO Vlad Tenev Pushes For Tokenization To Unlock Private Companies Like SpaceX And OpenAI For More Investors
Top Gainers:
Cryptocurrency | Price | Gains +/- |
Dogwifhat WIF/USD | $1.22 | +18.1% |
Onyxcoin XCN/USD | $0.03439 | +14.2% |
Fartcoin JTO/USD | $0.9887 | +13.1% |
Trader Notes: Glassnode data shows the ratio of profit to loss volumes among Bitcoin Long-Term Holders (LTH) remaining high, characteristic of bull markets.
Crypto trader Follis, in a recent X post, indicated that the classic FOMC shakeout could flush weak hands, reset leverage, then send it higher.
If Bitcoin recovers quickly post-FOMC, it's just more fuel for the uptrend.
Crypto trader Rekt Capital sees Bitcoin testing the diagonal resistance within the $101,000-$106,000 range and a daily close above this resistance as crucial for a breakout.
Without this close, previous upside wicks risk rejection.
Read Next:
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.