Flat Crypto Markets: Bitcoin Holds Steady Near $63K as Dogecoin Surges
Cryptocurrency markets are trading flat, with Bitcoin holding steady near $63,000. Traders remain cautious ahead of key inflation data.
The price of Bitcoin has been hovering around $63,524.55, while Ethereum is at $1,862.63. Solana and XRP are also stable, priced at $75.16 and $1.01 respectively.
Dogecoin, however, is bucking the trend, with its price jumping to $0.07089. Shiba Inu is also on the rise, reaching $0.054441.
The past 24 hours have seen significant liquidations, with Coinglass reporting $171.82 million in losses for 78,008 traders. Spot Bitcoin ETFs have experienced net outflows of $144.7 million, while spot Ethereum ETFs saw net outflows of $14.6 million.