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Bitcoin Battles For $80,000, Ethereum, XRP, Dogecoin Lose 2% Despite Middle East Progress

Bitcoin slipped to $80,000 as bulls look for new buyers to step in to extend the relief rally.

Notable Statistics:

Coinglass data shows 109,319 traders were liquidated in the past 24 hours for $358.60 million.       

SoSoValue data shows net inflows of $46.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $11.6 million.

In the past 24 hours, top gainers include siren, Venice Token and World Liberty Financial.

Notable Developments:

Trader Notes:

Trader Dan Gambardello said Bitcoin’s five-year rising wedge may appear bearish, but the pattern has historically failed often, leaving room for a breakout to new all-time highs. Improving global…

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