The cryptocurrency market opened the week with gains as digital asset investment products saw their ninth consecutive week of inflows. Fuelling the rally, BlackRock made headlines with a $239 million Bitcoin purchase over the weekend.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $106,683.68 | +1.5% |
| Ethereum (CRYPTO: ETH) | $2,610.89 | +3.5% |
| Solana (CRYPTO: SOL) | $155.65 | +6.5% |
| XRP (CRYPTO: XRP) | $2.21 | +2.2% |
| Dogecoin (CRYPTO: DOGE) | $0.1762 | +1% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001214 | +1.8% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreased 20.9% and 26.4% respectively. Also, daily active addresses witnessed a drop of 6.8% and 8.1% each in a single day.
- Coinglass data shows 79,368 traders were liquidated in the past 24 hours with the total liquidations at $279.38 million.
- SoSoValue data shows net inflows of $301.6 million into spot Bitcoin …