Cryptocurrency markets are trading lower on Friday, erasing all of their post-FOMC gains.
Cryptocurrency | Ticker | Price |
Bitcoin | BTC/USD | $115,346.95 |
Ethereum | ETH/USD | $4,461.67 |
Solana | SOL/USD | $237.58 |
XRP | XRP/USD | $3.00 |
Dogecoin | DOGE/USD | $0.2656 |
Shiba Inu | SHIB/USD | $0.00001287 |
Notable Statistics:
- Coinglass data shows 120,795 traders were liquidated in the past 24 hours for $321.54 million.
- In the past 24 hours, top losers include MYX Finance MYX/USD, Fartcoin FARTCOIN/USD and SPX6900 SPX/USD.
Notable Developments:
Trader Notes: Crypto trader Scient said Bitcoin has been consolidating under $117,000 for a week, forming higher highs and lows inside a rising channel. While support sits at $112,000, the setup favors an upside breakout unless bears gain momentum.
Trader CW pointed to a strong buy wall that holds down to $114,700.
CryptoUB noted that Bitcoin is trading inside a clean range, with consolidation above $115,200 that suggests a bounce is likely. But he cautioned that losing $114,500 could trigger downside into the weekend.
Castillo Trading highlighted the post-FOMC lull, saying this weekend should reveal whether Bitcoin and Ethereum have real strength or if it’s still a waiting game.
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