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Reading: Bitcoin, Ethereum, XRP, Dogecoin Cannot Catch A Break As Merchants See ‘Sellers In Management’
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StockWaves > Trading > Bitcoin, Ethereum, XRP, Dogecoin Cannot Catch A Break As Merchants See ‘Sellers In Management’
Trading

Bitcoin, Ethereum, XRP, Dogecoin Cannot Catch A Break As Merchants See ‘Sellers In Management’

StockWaves By StockWaves Last updated: May 31, 2025 2 Min Read
Bitcoin, Ethereum, XRP, Dogecoin Cannot Catch A Break As Merchants See ‘Sellers In Management’
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Cryptocurrency markets are down on Friday, with continued uncertainty over the way forward for tariffs miserable threat belongings.

CryptocurrencyWorth   Positive factors +/-
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 information reveals giant transaction quantity dropping by 18%, with each day lively addresses down by 5%.
  • Coinglass information experiences 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 under $100,000.

Disclosure: 82% of retail CFD accounts lose cash

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

Citrini Analysis highlighted the inverse correlation between Bitcoin and treasuries, whereas Lookonchain identified that outstanding whale dealer James Wynn obtained liquidated once more 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:

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