Cryptocurrencies have started the week strong, with Bitcoin tapping the $122,000 mark in the Asian trading session.
Cryptocurrency | Ticker | Price |
Bitcoin | (CRYPTO: BTC) | $121,156.84 |
Ethereum | (CRYPTO: ETH) | $4,254.59 |
Solana | (CRYPTO: SOL) | $182.26 |
XRP | (CRYPTO: XRP) | $3.26 |
Dogecoin | (CRYPTO: DOGE) | $0.2333 |
Shiba Inu | (CRYPTO: SHIB) | $0.00001341 |
Notable Statistics:
- IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 5% and dropped 25.7%, respectively. Daily active addresses dipped 16.6% and grew 4.2%, respectively.
- Coinglass data shows 93,858 traders were liquidated in the past 24 hours for $301.28 million.
- SoSoValue data shows net inflows of $403.9 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $461.2 million.
Trader Notes: With Bitcoin surging to $121,000, crypto trader Zer0 said the “next leg up” should mark the beginning of the end, the most lucrative phase, noting 80% gains in just 20% of the time.