Cryptocurrency markets are trending higher, supported by increased corporate buying and growing hope of Federal Reserve rate cuts. Meanwhile, spot Bitcoin ETFs have seen inflows for 11 straight days, further boosting market confidence.
Cryptocurrency | Ticker | Price |
Bitcoin | (CRYPTO: BTC) | $107,836.86 |
Ethereum | (CRYPTO: ETH) | $2,436.79 |
Solana | (CRYPTO: SOL) | $144.37 |
XRP | (CRYPTO: XRP) | $2.20 |
Dogecoin | (CRYPTO: DOGE) | $0.1660 |
Shiba Inu | (CRYPTO: SHIB) | $0.00001168 |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 9%, and daily active addresses growing by 12%. Transactions greater than $100,000 remained relatively flat at 11,250. Exchange net flows are down by 93.5%.
- CoinGlass data reports that 79,254 traders were liquidated in the past 24 hours, with the total liquidations amounting to $206.97 million.
Notable Developments: