The crypto market opened the week with volatility but is showing signs of strength, as Bitcoin rebounded to touch $105,000. Institutional adoption continues to rise, with JP Morgan now offering Bitcoin access to clients, while exchange supplies decline and ETF inflows surge.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $104,956.98 | +1.9% |
| Ethereum (CRYPTO: ETH) | $2,496.54 | +3.3% |
| Solana (CRYPTO: SOL) | $165.50 | +2.1% |
| XRP (CRYPTO: XRP) | $2.33 | +0.7% |
| Dogecoin (CRYPTO: DOGE) | $0.2192 | +0.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001418 | +0.7% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased by 62.5% and 128.1%, respectively. BTC’s daily active addresses went up by 16.5%. Bitcoin’s exchange netflows spiked 5,227.5%, while transactions greater than $100,000 rose from 7,945 to 11,221.
- Coinglass data shows 78,109 traders were liquidated in the past 24 hours for $226.22 million.
- SoSoValue data shows daily total net inflow in U.S. Bitcoin spot ETFs on Monday at $667.4 million. ETH Spot …