Posted 3/1/2024, 3:20:36 AM
Dogecoin Surges as Bitcoin and Ethereum Pause; Over $339 Million in Crypto Liquidated
- Bitcoin and Ethereum took a break from recent gains, while Dogecoin surged nearly 7%
- Over $339 million in crypto assets were liquidated in the last 24 hours, with the largest single liquidation being $5.87 million in DOGE
- Bitcoin spot ETF trading volume remained high, with BlackRock's IBIT logging over $1 billion in volume for the 4th straight day
- An analyst said Ethereum could reach $4,500-$5,000, while Bitcoin may pull back to $46K if a correction happens
- Multiple crypto mining stocks dropped significantly, with Marathon Digital falling 15% and Riot Platforms dropping 10%