Cryptocurrency markets are trading higher on Wednesday as the markets await further inflation data on Thursday.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $121,638.56
Ethereum (CRYPTO: ETH) $4,714.84
Solana (CRYPTO: SOL) $199.22
XRP (CRYPTO: XRP) $3.26
Dogecoin (CRYPTO: DOGE) $0.2419
Shiba Inu (CRYPTO: SHIB) $0.00001378

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 6.9% and grew 18.2%, respectively. Daily active addresses dropped 2.1% and increased 4.6%, respectively.
  • Coinglass data shows 110,113 traders were liquidated in the past 24 hours for $529.79 million.   
  • SoSoValue data shows net inflows of $65.95 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $523.9 million. 

Notable Developments:

Full story available on Benzinga.com