Four of Five Largest Coins Hit Three-Month Highs, Only XRP Lags
- —BTC $86,042, ETH $2,754.71, SOL $117.79 and BNB $797.82 set 90-day highs
- —XRP gained 6.54% in 24 hours but sits 9.8% below its $1.6625 peak of August 22
- —$746.6 million in positions were liquidated in 24 hours, $647.9 million of them shorts
- —Futures open interest rose 7.59% to $156 billion, trading volume up 39% to $224 billion
Why it matters: The breadth confirms market strength, but the rally was fueled by a short squeeze rather than inflows: US spot Bitcoin ETFs took in just $6.1 million for the week.
Source: CryptoTicker