Bitcoin Rebounds to $83,000 as Ethereum, XRP, Dogecoin Trade Sideways

Bitcoin is back to $83,000 ahead of Wednesday’s CryptocurrencyTickerPriceBitcoin$83,141.34Ethereum$2,503.13Solana$107.28XRP$1.36Dogecoin$0.08418Shiba Inu$0.055202Notable Statistics:Coinglass data shows 156,029 traders were liquidated in the past 24 hours for $727.46 million. SoSoValue data shows net outflows of $65.4 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $85.4 million.In the past 24 hours, top gainers include Pearl, Bitway and Stacks.Notable Developments:Saylor Cheers Strive’s $280 Million Bitcoin Buy While Strategy Bought 85% LessXRP Down 10% in 1 Week but Ripple’s Institutional Adoption Is GrowingEXCLUSIVE: Tether Co-Founder Names Coinbase, Circle and Robinhood as His Top Blockchain StocksTrader Notes:In Scott Melker’s podcast, Austin Campbell said he sees the recovery as evidence of market resilience, while warning that 24/7 tokenized equity trading, leverage and custody vulnerabilities could introduce new risks as crypto becomes increasingly integrated with TradFi.Panelists also highlighted Strive’s preferred-equity financing strategy as another example of companies using capital markets to accumulate Bitcoin.On the other hand, they acknowledged that a deeper Bitcoin correction could pressure these financing models, while Michale Saylor’s leadership creates key-person risk.Image: Shutterstock Read Also: Can the Midterms Trigger a Bitcoin Rally? 3 Factors Suggest Yes