Cryptocurrency markets advanced Friday morning, fueled by favorable regulatory developments that spurred ETF inflows and strengthened institutional adoption sentiment.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $116,832.44
Ethereum (CRYPTO: ETH) $3,908.71
Solana (CRYPTO: SOL) $177.28
XRP (CRYPTO: XRP) $3.32
Dogecoin (CRYPTO: DOGE) $0.2231
Shiba Inu (CRYPTO: SHIB) $0.00001294

Notable Statistics:

  • IntoTheBlock data shows that Bitcoin and Ethereum large transactions decreased by 2.4% and dropped 15.7%, respectively, in a single day. Daily active addresses dipped 1.7% and grew 1.3%, respectively.
  • Coinglass data shows 103,582 traders were liquidated in the past 24 hours for $300.68 million. 
  • SoSoValue data shows net inflows of $280.7 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $222.3 million.  

Trader …

Full story available on Benzinga.com