Cryptocurrency markets opened the week with sideways price action ahead of Federal Reserve Chair Jerome Powell‘s speech scheduled for Tuesday.
Cryptocurrency | Ticker | Price |
Bitcoin | (CRYPTO: BTC) | $107,285.07 |
Ethereum | (CRYPTO: ETH) | $2,488.00 |
Solana | (CRYPTO: SOL) | $155.89 |
XRP | (CRYPTO: XRP) | $2.22 |
Dogecoin | (CRYPTO: DOGE) | $0.1646 |
Shiba Inu | (CRYPTO: SHIB) | $0.00001140 |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 6.9% and daily active addresses falling by 10.5%. Transactions greater than $100,000 are up from 7,560 to 7,612 in a single day. Exchanges netflows are down by 613.9%.
- Coinglass data reports 94,334 traders were liquidated in the past 24 hours for $251.96 million.
- Glassnode data shows Bitcoin wallets holding more than $1 million in BTC increased sharply in recent weeks.
Notable Developments: