Cryptocurrency markets are trading relatively flat on New Year’s Eve, with Bitcoin exchange netflows significantly lower.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$93,826
-0.5%
Ethereum (CRYPTO: ETH)
$3,354
-1.0%
Solana (CRYPTO: SOL)
$195.05
+0.8%
XRP (CRYPTO: XRP)
$2.09
+0.4%
Dogecoin (CRYPTO: DOGE)
$0.3184
+0.2%
Shiba Inu (CRYPTO: SHIB)
$0.00002124
-1.1%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 48.2% and daily active addresses falling by 0.07%. Transactions greater than $100,000 are up from 7,678 to 10,479 in a single day. Exchanges netflows are down by 3,927.1%.
Coinglass data reports 85,767 traders were liquidated for $236.02 million.
Notable Developments:
Bitcoin Surges Above $95,500 In 2024 Closing Day: What’s Next?
New Year, New Strategy: Buy Crypto Like You Buy Fine Wine In 2025 — Experts Share Resolutions
Coinbase CEO Brian Armstrong …Full story available on Benzinga.com