Cryptocurrencies rallied on Friday after Federal Reserve Chair Jerome Powell hinted at possible September interest rate cuts, fueling optimism across digital assets.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $117,071.34 |
| Ethereum | (CRYPTO: ETH) | $4,772.59 |
| Solana | (CRYPTO: SOL) | $196.27 |
| XRP | (CRYPTO: XRP) | $3.05 |
| Dogecoin | (CRYPTO: DOGE) | $0.2372 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001327 |
Notable Statistics:
- Coinglass data shows 151,561 traders were liquidated in the past 24 hours for $635.67 million.
- SoSoValue data shows net outflows of $194.3 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $287.6 million.
- In the past 24 hours, the top gainers include Morpho (CRYPTO: MORPHO), Aerodrome Finance (CRYPTO: AERO) and Ethereum Classic (CRYPTO: ETC).
Notable Developments: