Antalya,,Turkey,-,December,4,,2024:,Bitcoin,And,Cryptocurrency,Investment

Bitcoin, Ethereum, XRP, Dogecoin Stay Flat After Volatile Friday

Zinger Key Points

Cryptocurrency markets are trading sideways after a volatile New York trading session on Friday.

CryptocurrencyTickerPrice
BitcoinBTC/USD$111,211.24
EthereumETH/USD$4,310.36
SolanaSOL/USD$204.26
XRPXRP/USD$2.83
DogecoinDOGE/USD$0.2159
Shiba InuSHIB/USD$0.00001238

Notable Statistics:

  • Coinglass data shows 88,158 traders were liquidated in the past 24 hours for $346.33 million.
  • The top gainers in the past 24 hours include MemeCore (CRYPTO: M), Pump. Fun PUMP/USD and Aerodrome Finance AERO/USD.

Notable Developments:

Trader Notes: IntoCryptoverse founder Benjamin Cowen expects Bitcoin's rotation to strengthen through September and October, with BTC dominance likely to climb above 60% in the coming weeks despite muted action so far.

More Crypto Online added that Bitcoin's current volatility and seemingly manipulated moves are part of a normal correction, with September's "noise" likely to pass before the next strong upward wave.

Daan Crypto Trades explained Bitcoin is retesting a critical zone, where flipping above the 4H 200MA and EMA could signal a short-to-mid-term trend shift. These levels have acted as resistance for weeks, making the current retest key for momentum.

Ted Pillows pointed to major liquidity concentrations near $95,000, along with a CME gap between $92,000–$93,000 that may be filled before the market reverses.

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