Bitcoin, Ethereum, Dogecoin, and XRP Decline Following $2.7 Billion BTC Sell-off by Whale: ETH Reaches All-Time High, Analyst Forecasts $5,000 'Very Soon'

Bitcoin Flash Crash: A significant sale of 24,000 BTC by a whale caused Bitcoin's price to plummet from $114,000 to $110,000, resulting in over $562 million liquidated from the market.

Impact on Other Cryptocurrencies: The decline in Bitcoin's value led to other cryptocurrencies also falling, with Ethereum dropping below $4,700 and XRP decreasing from an intraday high of $3.12.

Market Sentiment and Trends: The Crypto Fear & Greed Index indicated a "Neutral" market state, while Bitcoin's open interest rose by 1.74%, suggesting new short positions were being opened as prices fell.

Future Predictions: Analysts predict potential upward movements for Bitcoin if it holds above $114,600, while Ethereum is expected to reach $5,000 soon, with long-term forecasts suggesting it could exceed $10,000 this cycle.