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Bitcoin, Ethereum, Dogecoin Labor Sideways: Trader Eyes $64K As Support If BTC Dumps
Cryptocurrency markets are trading sideways in the wake of the Fed leaving interest rates unchanged. table IntoTheBlock data shows large transaction volume increased by 5.5% and daily active addresses dropped by 14.4%. Notably, 90% of Bitcoin holders are currently in profit, while 5% are at breakeven. Coinglass data noted 36,519 traders were liquidated in the past 24 hours, with total liquidations coming in at $101.2 million. Crypto chart analyst Ali Martinez noted Ethereum whales accumulated more than 126,000 ETH, worth $440 million, in the past 48 hours. Whale Alert data revealed 9,999 BTC, worth $665 million, ... (full story)