Bitcoin, Ethereum, XRP, Dogecoin Surging, But 'Choppy' Weekend Could Precede The Next Push

Zinger Key Points

Cryptocurrency markets are trading higher as whales continue an accumulation spree to fuel bullish momentum.

CryptocurrencyPrice   Gains +/-
Bitcoin BTC/USD$95,277.12+2%
Ethereum ETH/USD$1,799.22+2.2%
Solana SOL/USD$151.53-0.2%
XRP XRP/USD$2.19-0.4%
Dogecoin DOGE/USD$0.1815+0.6%
Shiba Inu SHIB/USD$0.00001387+2.7%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 22.1% and daily active addresses growing by 7.8%. Transactions greater than $100,000 are down from 11,905 to 10,849 in a single day. Exchanges netflows are down by 5,813.9%.
  • Coinglass data reports 131,279 traders were liquidated in the past 24 hours for $291.56 million.
  • Crypto chart analyst Ali Martinez noted that Bitcoin miners have earned more than $18.57 million in profits as prices raced ahead above $93,000.

Notable Developments:

Top Gainers:

CryptocurrencyPrice   Gains +/-
Bitcoin SV BSV/USD $45.31+47.7%
Virtuals Protocol VIRTUAL/USD $0.9258+24.8%
Dogwifhat WIF/USD $0.6327+16.3%

Trader Notes: Crypto chart trader Jelle observed that Bitcoin surged straight into the $90,000–$94,000 range with no real pause.

If BTC manages to hold this zone through the end of the day, he expects weekend volatility, but believes the uptrend could carry into next week, citing strong bullish momentum.

Trader Degen Hardy is watching the $86,000–$88,000 zone as a possible long entry, noting it likely aligns with previous structural support or a key moving average.

He warns that a weekend dip to shake out weak hands is possible given thinner liquidity.

That said, if bulls maintain control, Bitcoin might either front-run the dip or simply continue grinding higher.

Elsewhere, Titan of Crypto noted that Bitcoin has hit the $95,000 target and now eyes $99,000 as the next key resistance.

However, he emphasizes the importance of holding above the prior monthly high, which BTC has just tapped, to confirm continued strength.

Read Next: 

BTC/USD Logo
$BTCBitcoin
$95074.051.12%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
92.27
Price Trend
Short
Medium
Long
Got Questions? Ask
Which cryptocurrencies are leading the surge?
How will Bitcoin miners react to profits?
What impact will whale accumulation have on prices?
Which ETFs could benefit from Bitcoin inflows?
How might crypto exchanges adapt to netflows?
What opportunities exist in upcoming altcoins after Bitcoin?
Which investors are best positioned for crypto volatility?
How could Dogecoin's performance influence others?
What strategies should traders consider for weekend volatility?
Which technical indicators will signal the next Bitcoin move?
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...