00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Cryptocurrency slid Friday morning with Bitcoin trading below $109,000 for the first time since
00:06early September, according to Benzinga. CoinGlass reported $970.63 million in trader liquidations
00:12over a 24-hour period. Spot Bitcoin ETFs saw $258.5 million in net outflows on Wednesday,
00:18while Spot Ethereum ETFs recorded $251.2 million in outflows, according to SoSoValue.
00:24Traders highlighted Bitcoin's proximity to its 200-day moving average,
00:27a zone that has marked cycle bottoms, support near $101,000 and resistance at $112,000.
00:33Ethereum is bouncing from $3,800, but must reclaim $4,016 to avoid a move towards $3,600.
00:39Traders also noted setups at XRP, Solana, and Dogecoin,
00:43with some eyeing Solana for a QFoy rally to $500.
00:46For all things money, visit Benzinga.com.
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