Bitcoin, Ethereum, XRP, Dogecoin Pull Back After FOMC: $84,000 Support Is Key, Traders Note
Cryptocurrencies slightly retraced gains on Thursday as President Trump addressed cryptocurrency investors via a pre-recorded statement. CryptocurrencyPrice Gains +/-Bitcoin BTC/USD $84,401-1.4%Ethereum ETH/USD $1,975.75 -2.6%Solana SOL/USD $127.88-3.6%XRP XRP/USD $2.43-1.9%Dogecoin DOGE/USD $0.1692-2.7%Shiba Inu SHIB/USD $0.00001286-0.6%Notable Statistics: IntoTheBlock data shows large transaction volume relatively flat at $45.9 billion and daily active addresses are up by 1.8%. Transactions greater than $100,000 are up from 9,552 to 9,995 in a single day. Exchanges netflows are down by 212.4%. Coinglass data reports 92,154 traders were liquidated in the past 24 hours for $273.77 million. Notable Developments: Coinbase Analyst ‘Cautiously Optimistic’ On Stock With Balanced Risk/Reward, Says Regulatory Environment Is Positive And Negative Record-Breaking High-Risk Bitcoin Whale Allegedly Outed As UK Fraudster With Casino Theft History Kraken To Buy NinjaTrader For $1.5 Billion, Entering US Crypto Futures Market In 202 Why The Future Of Stablecoins Like USDT, USDC Looks Bright: Report Coinbase Sold 12,652 ETH, According To Standard Chartered Analysis Donald Trump Calls For Stablecoin Legislation, Lauds Bitcoin Reserve: ‘Biden Got A Fraction Of Their Value’ Top Gainers: CryptocurrencyPrice Gains +/-Kava KAVA/USD $0.5480+9.8%Bonk BONK/USD $0.00001163 +5.6%Pepe PEPE/USD $0.057593+3.9%Trader Notes: Crypto trader Javon Marks noted that Bitcoin has consistently shown bullish signals across timeframes and recently macro; he believes the bulls never really left and are returning soon. With Bitcoin prices pulling back, crypto trader Seth stated that Bitcoin should hold $84,000 and not close below. Crypto trader George expects new highs before year-end and advises traders to prepare for two scenarios: Bear Market Started – If true, the plan is to trade BTC up and down on margin while accumulating more spot BTC regardless of price. Still in a Bull Market – If BTC returns to highs, increase margin longs (both BTC and alts) and begin scaling out of spot holdings starting in Q4. Rekt Capital sees Bitcoin nearing the 21-week EMA (~$88,500), a critical level. In 2021, a breakout confirmation came from a weekly close above this EMA, followed by a successful retest. A similar move now could signal further upside. Read Next: Prominent Bitcoin Trader Closes Longs, Anticipates Pullback To $83,500 Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.