Bitcoin Holds Steady, Ethereum, Solana, Dogecoin Lead Monday Rally
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Cryptocurrency markets are trading higher on Monday morning, with Ethereum and Solana leading the rally.
|
Cryptocurrency |
Ticker |
Price |
|
Bitcoin |
(CRYPTO: BTC) |
$118,635.30 |
|
Ethereum |
(CRYPTO: ETH) |
$3,808.47 |
|
Solana |
(CRYPTO: SOL) |
$191.41 |
|
XRP |
(CRYPTO: XRP) |
$3.55 |
|
Dogecoin |
(CRYPTO: DOGE) |
$0.2719 |
|
Shiba Inu |
(CRYPTO: SHIB) |
$0.00001567 |
Notable Statistics:
-
IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 3% and increased 83%, respectively. Daily active addresses dropped 1.5% and 6%, respectively.
-
Coinglass data shows 130,295 traders were liquidated in the past 24 hours for $403.06 million.
-
SoSoValue data shows net inflows of $363.5 million into spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $402.5 million.
Trader Notes: Crypto trader CrediBULL Crypto noted that Bitcoin was rejected on its recent upward move, suggesting that the next impulsive wave isn't quite ready yet.
BTC is currently holding the H1 demand zone, which serves as the final key support before potentially retesting the $115,700 level.
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Glassnode data shows all major BTC wallet cohorts—including whales holding 10,000+ BTC are accumulating aggressively, at levels not seen since December 2024.
This cross-tier accumulation suggests broad conviction in Bitcoin's longer-term uptrend, even as short-term momentum cools.
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Ethereum is now approaching its cycle highs, with the daily RSI at its highest level this cycle, notes Daan Crypto Trades.
While this doesn't confirm an immediate reversal, the elevated RSI hints at possible overextension.
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