Cryptocurrency markets are up on Thursday, reversing a short-lived dip following a ‘hawkish’ press conference by Federal Reserve Chair jerome Powell.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $118,477.01
Ethereum (CRYPTO: ETH) $3,847.15
Solana (CRYPTO: SOL) $181.23
XRP (CRYPTO: XRP) $3.16
Dogecoin (CRYPTO: DOGE) $0.2229
Shiba Inu (CRYPTO: SHIB) $0.00001309

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 7.2% and 4.2%, respectively. Daily active addresses moved higher by 0.4% and 25.8%, respectively.
  • Coinglass data shows 136,384 traders were liquidated in the past 24 hours for $423.35 million.
  • SoSoValue data shows net intflows of $47.04 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $5.8 million.

Trader Notes: Crypto trader George observed Bitcoin dipping slightly more than …

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