Bitcoin, Ethereum, Dogecoin Dip Slightly While XRP Holds Firm On Tariff-Driven Monday
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Zinger Key PointsGlobal cryptocurrency market capitalization is trading 0.7% lower at $3.33 trillion.One trader mark more than $130,000 target for Bitcoin in Q3, another terms this is the calm before the storm.From tariffs to inflation, macro risks are risingāMatt Maley reveals how heās trading it all, live this Wednesday July 9 at 6 PM ET.Cryptocurrency markets are down on Monday as PresidentDonald Trumpproposed new tariffson several trading partners.CryptocurrencyTickerPriceBitcoinBTC/USD$107,848.28EthereumETH/USD$2,526.82SolanaSOL/USD$149.54XRPXRP/USD$2.29DogecoinDOGE/USD$0.1668Shiba InuSHIB/USD$0.00001150Notable Statistics:IntoTheBlock data shows large transaction volume increasing by 3.9% and daily active addresses growing by 6.5%. Transactions greater than $100,000 are up from 7,039 to 7,469 in a single day. Exchanges netflows are down by 39%.Coinglass data reports 73,718 traders were liquidated in the past 24 hours for $193.07 million.Notable Developments:Elon Musk Says His America Party Will Embrace Bitcoin: āFiat Is HopelessāCathie Wood Questions Big Movement In Old Bitcoin: āPart Of A Government Settlement Deal?āShiba Inu Partners With New Token Lanchpad To Take On Solana-Based Rival That Birthed Fartcoin: āJust The BeginningāBit Digital (BTBT) Goes All-In On Ethereum, Sells All Bitcoin: Whatās Going On?This Solana-Focused ETF By REX-Osprey Offers A New Way To Earn from CryptoTop Losers:CryptocurrencyTickerPricePudgy PenguinsPENGU/USD$0.01461JitoJTO/USD$1.82DogwifhatWIF/USD$0.8441Trader Notes:Crypto trader Jelle noted that while global liquidity is on the rise, Bitcoin is currently lagging, mirroring its behavior in late 2024. He expects this gap to close in the coming months, maintaining a bullish long-term outlook.BitBull highlighted that Bitcoin has broken out of a classic bull flag pattern and held its retest cleanly last week. With U.S. equities pushing to new all-time highs, he believes this BTC breakout is legitimate, not a fakeout, and places a Q3 target above $130,000.Rekt Capital alsochimedin, stating the current low-volatility phase could be "the calm before the storm." He estimates Bitcoin's bull market has just 2ā3 months left, with a final explosive move potentially ahead.Trader Kevinoffereda technical overlay, plotting Bitcoin against global liquidity without lag adjustment. His chart shows BTC approaching the upper bound of its typical lag range, historically preceding a major breakout or catch-up rally.Loading...Loading...Read Next:Scottie Pippen Is Watching Bitcoin, XRP, Dogecoinā¦And What Else?Image: Shutterstock$BTCBitcoin$107779.09-1.32%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock ā anytime.Reveal Full ScoreEdge RankingsMomentum95.98Price TrendShortMediumLongOverview$DOGEDogecoin$0.1672-2.79%$ETHEthereum$2529.06-1.62%$JTOJito$1.83-5.60%$SHIBShiba Inu$0.000012-2.79%$SOLSolana$149.86-1.35%$SYRUPSyrup$0.5214-6.61%$WIFdogwifhat$0.8430-3.88%$XRPRipple$2.290.85%Market News and Data brought to you by Benzinga APIsĀ© 2025 Benzinga.com. . .Posted In:CryptocurrencyNewsTop StoriesExpert IdeasStories That Matter