Bitcoin, XRP, Dogecoin fall, Ethereum is the best of them all: Trader declares ‘expecting a real breakout before Christmas’
Cryptocurrency markets lower on Thursday after President-elect Donald Trump The New York Stock Exchange rang its bell.
| cryptocurrency | price | Gain +/- |
| Bitcoin Bitcoin/USD | $99,666.97 USD | -1.7% |
| Ethereum Ethereum/USD | $3,882.77 USD | +1.8% |
| Solana Sol/USD | $228.16 | -0.9% |
| Ripple Ripple/USD | $2.36 | -3.2% |
| Dogecoin Dogecoin/USD | $0.404 | -3.2% |
| Shiba Inu SHIB/USD | $0.00002804 | -4% |
Notable statistics:
- IntoTheBlock data shows that large transaction volume increased by 5.3%, and daily active addresses decreased by 11.9%. Trading volume over $100,000 remained relatively flat, while net exchange flows increased by 308.9%.
- Coinglass data shows that 100,126 traders were liquidated in the past 24 hours, resulting in losses of $290.48 million.
Notable progress:
The biggest increase:
| cryptocurrency | price | Gain +/- |
| Av AAVE/USD | $359.71 | +23.9% |
| Lido Island LDO/USD | $2.27 | +20% |
| chain link LINK/USD | $26.98 | +12.9% |
Note to traders: As the price of Bitcoin breaks through the $100,000 mark, cryptocurrency trader Jelle predicts that the price of Bitcoin may fall back to $97,000. He added that this could be an attempt to scare traders before a “real breakout occurs.”
Jelle expects “a real breakthrough before Christmas – 2025 is going to be a wild ride”.
Cryptocurrency trader Javon Marks believes that Bitcoin is trading well above the $67,559 level, indicating a bullish pattern.
The next target is $116,652, which could lead to a 15% upside. A break above this level could pave the way for further gains with subsequent targets above $165,000.
Cryptocurrency trader Nic predicts explosive price action for Bitcoin as the 20-day Bollinger Bands width is at its lowest level in months. “Watch for an upside breakout above the upper rail,” he advises.
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