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Bitcoin, Ethereum, XRP, Dogecoin Slide Despite Equities Rally

Cryptocurrency markets are trading lower on Wednesday despite equities making new highs.CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$118,357.63Ethereum(CRYPTO: ETH)$3,605.17Solana(CRYPTO: SOL)$189.97XRP(CRYPTO: XRP)$3.24Dogecoin(CRYPTO: DOGE)$0.2443Shiba Inu(CRYPTO: SHIB)$0.00001400Notable Statistics:IntoTheBlock data shows Bitcoin large transaction and daily active addresses increased by 121.9% and 14.7%, respectively. Transactions greater than $100,000 jumped from 7,583 to 10,609. Exchanges netflows surged by 225.7%.Coinglass data shows 207,011 traders were liquidated […]

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Is Bitcoin ‘Digital Gold?’ Peter Schiff Says ‘Perhaps It Never Will’ Make A New High Priced In Gold As Economist Shares Data That Undermines The Case

Economist Peter Schiff on Sunday shrugged off Bitcoin’s (CRYPTO: BTC) recent record run and took exception to its comparison with gold. What Happened: Sharing a chart on X showing Bitcoin’s value denominated in dollar, Schiff said, although the cryptocurrency made a new high priced in dollars, it hasn’t hit “a new high priced in gold.” […]

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