Cryptocurrency markets reversed a weak start to the week on news that Donald Trump reportedly plans signing sseveral crypto-related executive orders on his first day in office.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$94,357
-0.1%
Ethereum (CRYPTO: ETH)
$3,117
-4.5%
Solana (CRYPTO: SOL)
$181.90
-3.3%
XRP (CRYPTO: XRP)
$2.54
+0.9%
Dogecoin (CRYPTO: DOGE)
$0.3358
-0.0%
Shiba Inu (CRYPTO: SHIB)
$0.00002108
-2.2%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 6.4%. Transactions greater than $100,000 are down from 7,112 to 6,648 in a single day. Exchanges netflows are down by 147.8%.
Coinglass data reports 273,610 traders were liquidated in the past 24 hours for $764.74 million. Long liquidations of $587.9 million came in at a three-week high.
Crypto chart analyst Ali Martinez noted Bitcoin network activity having fallen to its lowest level since November 2024, with just 667,100 active …Full story available on Benzinga.com