Bitcoin, Ethereum, XRP, Dogecoin Continue Ranging Ahead Of Decision On Sanctions Against Russia

    📊Market Analysis
    August 6, 2025 at 13:08:10
    XRP at Publish:
    XRP Logo$2.95

    Summary

    • XRP trades at $2.95 as markets await US sanctions decision on Russia. • Bitcoin and Ethereum see decreased large transactions but increased active addresses. • Crypto traders face $342 million in liquidations amid sideways market movement.

    Cryptocurrency markets are trading sideways on Wednesday, with markets awaiting President Trump's decision on potential sanctions against Russia.


    Cryptocurrency Ticker Price
    Bitcoin (CRYPTO: BTC) $113,909
    Ethereum (CRYPTO: ETH) $3,585
    Solana (CRYPTO: SOL) $163.29
    XRP (CRYPTO: XRP) $2.95
    Dogecoin (CRYPTO: DOGE) $0.20
    Shiba Inu (CRYPTO: SHIB) $0.0000121

    Notable Statistics:

    • IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 11.8% and 19.1%, respectively. Daily active addresses grew 8.3% and 1.3%, respectively.
    • Coinglass data shows 136,367 traders were liquidated in the past 24 hours for $342.09 million.
    • SoSoValue data shows net outtflows of $196.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $73.2 million.

    Trader Notes: Crypto Caesar sees Bitcoin support is holding well currently and there could be some sideways price ...

    Full story available on Benzinga.com

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