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:

Full story available on Benzinga.com