Cryptocurrency markets are trading lower Thursday morning following a surpisingly hot producer price inflation data print.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $118,474.70 |
| Ethereum | (CRYPTO: ETH) | $4,605.73 |
| Solana | (CRYPTO: SOL) | $195.00 |
| XRP | (CRYPTO: XRP) | $3.11 |
| Dogecoin | (CRYPTO: DOGE) | $0.2271 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001304 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 4% and grew 18.7%, respectively. Daily active addresses grew 0.2% and 1.2%, respectively.
- Coinglass data shows 219,717 traders were liquidated in the past 24 hours for $1.05 billion.
- SoSoValue data shows net inflows of $86.9 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $729.1 million.
Trader Notes: Altcoin Sherpa noted Bitcoin hitting a fresh all-time high yesterday …