Bitcoin, Ethereum, XRP, Dogecoin Rebound Ahead Of Friday's Inflation Report

Bitcoin is back above $109,00 ahead of Friday's CPI release, despite net outflows from Spot ETFs.

Spot BTC ETFs saw a $101.3 million outflow, while Spot ETH ETFs recorded $18.8 million outflows. Total crypto liquidations hit $499.29 million, affecting 139,320 traders, and Bitcoin dominance jumped 1.4% to 59.1% in a single day.

Bitcoin Stuck, Key Levels Hold Importance

Daan Crypto Trades noted Bitcoin is rangebound between $107,000?$111,000, with thin trading volume causing sharp swings.

A break above $111,000 could open the door for further upside, while holding $107,000 support remains crucial.

Ted Pillows highlighted Ethereum bounced off key support but shows lingering weakness. Until it reclaims $4,100 with strong institutional inflows, most pumps are likely to be retraced.

For Solana, Daan explains it is consolidating around its Daily 200MA/EMA, forming lower highs and higher lows post-October 10 volatility.

Key levels are $170?$175 support and $195?$200 resistance; the next move will depend on which side breaks.

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Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$109,655.48
Ethereum	(CRYPTO: ETH)	$3,903.10
Solana	(CRYPTO: SOL)	$188.87
XRP	(CRYPTO: XRP)	$2.41

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Broadly tracking the crypto market, the meme coin cap rose 0.1% to $61.97 billion in 24 hours. AI-themed meme coins led with 1.6% gains, while Solana-based meme coins dropped 1.8%.

While Dogecoin remains "crazy cheap" under $0.2 according to trader GalaxyBTC, Shiba Inu burn rates surged 2,690%, showing strong token deflation activity.

<figure class="wp-block-table">

Cryptocurrency	Ticker	Price
Dogecoin	(CRYPTO: DOGE)	$0.1958
Shiba Inu	(CRYPTO: SHIB)	$0.00001003

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