Bitcoin, XRP, Dogecoin Move Down, Ethereum The Best Of The Bunch: 'Expecting True Breakout Before Christmas,' Announces Trader
Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. CryptocurrencyPrice Gains +/-Bitcoin BTC/USD$99,666.97-1.7%Ethereum ETH/USD$3,882.77+1.8%Solana SOL/USD$228.16-0.9%XRP XRP/USD$2.36-3.2%Dogecoin DOGE/USD$0.404-3.2%Shiba Inu SHIB/USD$0.00002804-4%Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%. Transactions greater than $100,000 remained relatively flat while exchanges netflows are up by 308.9%. Coinglass data reports 100,126 traders were liquidated in the past 24 hours for $290.48 million. Notable Developments: BlackRock Advocates For 2% Bitcoin Allocation In Multi-Asset Portfolios EXCLUSIVE: Experts Share Their Top Crypto Predictions For 2025 Waterfall Network Raises $11.6 Million To Enhance Blockchain Scalability And Decentralization Japan’s Coincheck Crypto Exchange Enters Wall Street With Nasdaq Listing Elon Musk, Vivek Ramaswamy Slam SEC: ‘Just Another Weaponized Institution’ Top Gainers: CryptocurrencyPrice Gains +/-Aave AAVE/USD $359.71+23.9%Lido DAO LDO/USD $2.27+20%Chainlink LINK/USD $26.98+12.9%Trader Notes: With Bitcoin prices breaking the $100,000 mark, crypto trader Jelle sees a potential drop back to $97,000 from here. He added that this could be for scaring traders and then a "real breakout." Jelle is expecting a "true breakout before Christmas — 2025 is going to be a crazy ride." Crypto trader Javon Marks sees Bitcoin trading well above the $67,559 level, indicating a bullish setup. The next target is $116,652, representing a potential 15% move higher. A breakout above this level could pave the way for further gains, with more than $165,000 as the subsequent target. Crypto trader Nic predicts an "explosive BTC price action" as the 20-day Bollinger band bandwidth is at its lowest level in months. He advises, "Keep an eye out for an upside breakout above the upper band." Read Next: How Bitcoin ETFs Are Changing The Way Institutions Manage Risk According To Experts Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.