Bitcoin, XRP Stay Range-Bound As Ethereum, Dogecoin Slip 2% Ahead Of Fed Meeting

Bitcoin is steady around the $114,000 level, supported by optimism over new ETF launches, increased whale activity, and growing institutional accumulation.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$113,966Ethereum(CRYPTO: ETH)$4,052Solana(CRYPTO: SOL)$196.15XRP(CRYPTO: XRP)$2.63Dogecoin(CRYPTO: DOGE)$0.1978Shiba Inu(CRYPTO: SHIB)$0.00001018

Notable Statistics:

Coinglass data shows 117,644 traders were liquidated in the past 24 hours for $306.66 million.       

In the past 24 hours, top losers include Humanity Protocol, Zcash and OFFICIAL TRUMP.

Notable Developments:

Trader Notes: Crypto trader Moustache compared Bitcoin’s current setup to 2023 before its major rally, suggesting that sentiment is overly bearish and a wave of euphoria and higher prices could follow after the FOMC meeting.

IncomeSharks noted that Bitcoin remains indecisive but sees potential for a bullish November, advising patience and allowing the market to determine direction.

Altcoin Sherpa said he plans to stay long on spot Bitcoin ahead of the FOMC, seeing little reason for a sharp drop unless something drastic occurs.

A dip to the $110,000–$111,000 range would be a strong buy-the-dip opportunity, closing the CME gap.

Crypto trader Jelle observed Bitcoin retesting the $116,000 level, maintaining a steady approach, waiting for either a higher low to go long or confirmation above resistance.

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