
Cryptocurrency markets are trading lower early Friday morning ahead of the release of new inflation data.
Cryptocurrency | Ticker | Price |
Bitcoin | (CRYPTO: BTC) | $110,055.40 |
Ethereum | (CRYPTO: ETH) | $4,340.84 |
Solana | (CRYPTO: SOL) | $208.32 |
XRP | (CRYPTO: XRP) | $2.87 |
Dogecoin | (CRYPTO: DOGE) | $0.2153 |
Shiba Inu | (CRYPTO: SHIB) | $0.00001223 |
Notable Statistics:
- Coinglass data shows 127,390 traders were liquidated in the past 24 hours for $413.27 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.
Trader Notes: As Bitcoin broke below $110,000, More Crypto Online remarked that it seemed to have "clocked out early" and entered weekend mode.
Crypto Caesar noted BTC's struggle to reclaim the $112,000 zone, suggesting the coin is only trying to convince traders the cycle is over. He is watching two key levels: $100,855 and $116,347.
Michael van de Poppe expects Ethereum to dip below its daily 20-EMA as markets stay shaky, but views this as a setup for a potential Q4 altcoin rally.
Bluntz Capital is mapping Solana's bullish structure, projecting a push above $500 in Q1 2026.
Crypto chart analyst Ali Martinez highlighted that XRP is retracing as expected toward the $2.83 level.
Trader Tardigrade noted the coin has entered the final stage of cycle III after crossing $0.21.
Read Next:
- Bitcoin Will Correct Further In September, Analyst Maintains
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