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Home » Bitcoin, Ethereum, XRP, Dogecoin Pull Back: Analysts Say Crypto Market Still In ‘Downtrend’ But Find ‘No Reason’ For It To Fall Lower

Bitcoin, Ethereum, XRP, Dogecoin Pull Back: Analysts Say Crypto Market Still In ‘Downtrend’ But Find ‘No Reason’ For It To Fall Lower

Bezinga by Bezinga
2 days ago
0 0

Leading cryptocurrencies fell alongside stocks on Wednesday as investors cashed out following recent rallies.

Cryptocurrency
Gains +/-
Price (Recorded at 8:20 p.m. ET)

Bitcoin (CRYPTO: BTC)
-1.56%
$91,305.82

Ethereum (CRYPTO: ETH)               
-2.97%
$3,170.13

XRP (CRYPTO: XRP)                         
-5.03%
$2.17

Solana (CRYPTO: SOL)                         
-2.55%
$136.82

Dogecoin (CRYPTO: DOGE)                         
-1.02%
$0.1468

Bitcoin Falls Below $91,000
Bitcoin slipped below $91,000 in afternoon trading before paring some losses overnight. Trading volume for the apex cryptocurrency plunged 22% over the last 24 hours.
Ethereum dipped to around $3,100 after surpassing $3,300 earlier this week.
Bitcoin dominance hovered around 58%, while Ethereum’s market share was largely unchanged at 12.2%.
Roughly $285 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with $241 million in long liquidations alone.
Meanwhile, Bitcoin’s open interest surged nearly 4% in the last 24 hours. An increase in …Full story available on Benzinga.com

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