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Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Trade Muted Ahead of Pivotal Q3 Close

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Bitcoin, Ethereum, XRP, Dogecoin Trade Muted Ahead of Pivotal Q3 Close
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Bitcoin was holding above $83,000 as traders watched key support levels heading into a pivotal Q3 close, while overall activity stayed muted. Coinglass data cited 75,142 traders liquidated over 24 hours for $269.57 million, underscoring leverage clearing. Spot Bitcoin ETFs saw net inflows of $66.2 million on Tuesday, while spot Ethereum ETFs recorded $2.8 million in net inflows. Commentary from traders highlighted a potential breakout from a four-hour downtrend, with several pointing to $83,000 as the line to defend. A reclaim of $85,000 could strengthen the bullish case, but losing $83,000 may shift sentiment risk-off, especially for altcoins.

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