Bitcoin, Ethereum, Dogecoin Continue Sideways: ‘A Few More Months Of BTC Chop Season,’ Warns Trader

Loading… Loading… Cryptocurrency markets saw more sideways trading to close out the week, with inflation data failing to ignite a rally . Prices as of 4 p.m. ET: Cryptocurrency Price Gains +/- Bitcoin BTC/USD $67,640 -0.9% Ethereum ETH/USD $3,780 +1.1% Solana SOL/USD $166.15 -0.5% Dogecoin DOGE/USD $0.159 -0.4% Shiba Inu SHIB/USD $0.0000255 -1.3% Notable Statistics: Liquidations decreased by 15% to over $130 million over the past 24 hours. Trading volume was down by 5% over the same time frame. Notable Developments: Loading… Loading… Bitcoin Price After The Latest Inflation Data Could Follow These 2 Scenarios, Says Veteran Trader Crypto Maturity Puts Pressure On Coinbase Trading Revenue Ethereum Could Hit $10K By Year-End, Says Analyst Signaling ‘Significant Bullish Move’ Is It Time To Buy Bitcoin Mining Stocks? Donald Trump’s Crypto Wallet Grows By $500K In Value Following Trial Top Gainers: Cryptocurrency Price Gains +/ – Lido LDO/USD $2.53 +8% Beam BEAM/USD $0.02853 +7.5% Pepe PEPE/USD $0.00001507 +4.5% Trader Notes: Veteran trader Shardi B sees more “chop,” warning traders that sideways price action could continue for several months ahead. Loma Crypto complained that the “current cycle” is “boring.” “At least in the last cycles, I can pretend to be interested the greater good of finance,” the user added. What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19. Photo: Shutterstock Loading… Loading…