Cryptocurrency markets are trading lower early Friday morning, extending their downtrend after inflation data released on Thursday.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $118,996.80 |
| Ethereum | (CRYPTO: ETH) | $4,641.03 |
| Solana | (CRYPTO: SOL) | $194.91 |
| XRP | (CRYPTO: XRP) | $3.10 |
| Dogecoin | (CRYPTO: DOGE) | $0.2308 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001299 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 6% and grew 1.9%, respectively in a single day. Daily active addresses grew 9.4% and dropped 1.5%, respectively.
- Coinglass data shows 195,979 traders were liquidated in the past 24 hours for $ $941.23 million.
- SoSoValue data shows net inflows of $230.9 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $639.6 million.
Trader Notes: Crypto trader CW pointed …