Cryptocurrency markets are trading at range highs on Wednesday, with altcoins buoyed by Bitcoin consolidating just below the $110,000 level.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $109,529.33 |
| Ethereum | (CRYPTO: ETH) | $2,717.94 |
| Solana | (CRYPTO: SOL) | $154.68 |
| XRP | (CRYPTO: XRP) | $2.38 |
| Dogecoin | (CRYPTO: DOGE) | $0.1738 |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001218 |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 15.1% and daily active addresses growing by 13.5%. Transactions greater than $100,000 remain relatively flat at around 10,800. Exchanges netflows are down by 192.6%.
- Coinglass data reports 70,408 traders were liquidated in the past 24 hours for $150.75 million.
Notable Developments:
- Buckle Up, Visa: Stablecoins Process $800 Billion In Transactions Per Month, Report Finds
- XRP, Ethereum, Solana And One Surprise Crypto (Not Bitcoin) Are Bitwise’s ‘Cleanest Plays’
- Polymarket Bettors See 50% Chance Of Fed September Rate Cuts As Trump Turns Up Heat On Powell
- Cathie Wood Agrees Circle IPO Is ‘Crypto’s ChatGPT …