Bitcoin Plunges To $63,000 Ethereum, XRP, Dogecoin Retreat 5% The Day After Chair Warsh Takes Over

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Bitcoin extended losses as markets reacted to a hawkish Federal Reserve stance under new Chair Kevin Warsh, boosting the U.S. dollar and weighing on risk assets.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $63,077
Ethereum (CRYPTO: ETH) $1,712
Solana (CRYPTO: SOL) $69.75
XRP (CRYPTO: XRP) $1.14
Dogecoin (CRYPTO: DOGE) $0.08245
Shiba Inu (CRYPTO: SHIB) $0.054672

Notable Statistics:

  • Coinglass data shows 136,366 traders were liquidated in the past 24 hours for $558.38 million.       
  • SoSoValue data shows net outflows of $82.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ET’Fs saw net outflows of $29.4 million.
  • In the past 24 hours, top losers include Lighter, SPX6900 and Aerodrome Finance.

Notable Developments:

Full story available on Benzinga.com

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