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Bitcoin, Ethereum, XRP, Dogecoin Can’t Catch A Break As Traders See ‘Sellers In Control’

cryptonews100_tggfrn by cryptonews100_tggfrn
May 30, 2025
in Dogecoin
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Bitcoin, Ethereum, XRP, Dogecoin Can’t Catch A Break As Traders See ‘Sellers In Control’
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Cryptocurrency markets are down on Friday, with continued uncertainty over the way forward for tariffs miserable danger property.

Cryptocurrency Value    Positive aspects +/-
Bitcoin BTC/USD  $104,722 -1.6%
Ethereum ETH/USD  $2,6570 -3.1%
Solana SOL/USD  $160.41 -5.0%
XRP XRP/USD  $2.20 -3.7%
Dogecoin DOGE/USD  $0.1992 -9.4%
Shiba Inu SHIB/USD $0.0000131 -7.2%

Notable Statistics:

  • IntoTheBlock knowledge reveals massive transaction quantity dropping by 18%, with each day energetic addresses down by 5%.
  • Coinglass knowledge studies 269,555 merchants have been liquidated prior to now 24 hours for $841 million.

Notable Developments:

Dealer Notes: Commerce Mayne warns that Bitcoin should bounce across the $104,000 area or face a steeper drop beneath $100,000.

Disclosure: 82% of retail CFD accounts lose cash

Dealer XO sees “sellers in management” and broadcasts he can be involved in bidding the $102,000 area.

Citrini Analysis highlighted the inverse correlation between Bitcoin and treasuries, whereas Lookonchain identified that distinguished whale dealer James Wynn acquired liquidated again on his lengthy positions on Bitcoin and Pepe.

Market commentator Scott Melker shared a snippet from an interview with Vice President JD Vance, the place the latter factors out Bitcoin’s properties as a “retailer of worth.”

Learn Subsequent:

Picture: Shutterstock

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