Cryptocurrency markets are trending up on Tuesday, with altcoins once again outperforming Bitcoin.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $114,753.95
Ethereum (CRYPTO: ETH) $3,671.18
Solana (CRYPTO: SOL) $170.81
XRP (CRYPTO: XRP) $3.07
Dogecoin (CRYPTO: DOGE) $0.2075
Shiba Inu (CRYPTO: SHIB) $0.00001234

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 49.4% and 112.3%, respectively. Daily active addresses grew 15.9% and decreased 1.6%, respectively.
  • Coinglass data shows 116,499 traders were liquidated in the past 24 hours for $304.68 million.
  • SoSoValue data shows net outflows of $333.2 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net outflows of $465 million.

Trader Notes: Glassnode data shows Bitcoin steadily building out a staircase-like structure between $109,000 and $116,000, as investors continue accumulating during dips. There’s minimal selling activity from holders in …

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