Cryptocurrency markets are trading higher on Friday, with Bitcoin prices racing towards reclaiming the $100,000 mark again despite record ETF outflows on Thursday.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$98,729.85
+1.5%
Ethereum (CRYPTO: ETH)
$3,623.43
+4.7%
Solana (CRYPTO: SOL)
$216.94
+4.8%
XRP (CRYPTO: XRP)
$2.47
+3.3%
Dogecoin (CRYPTO: DOGE)
$0.3771
+11.4%
Shiba Inu (CRYPTO: SHIB)
$0.00002406
+5.3%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 20.3% and daily active addresses falling by 0.01%. Transactions greater than $100,000 are up from 8,267 to 8,953 in a single day. Exchanges netflows are up by 97.9%.
Coinglass data reports 77,289 traders were liquidated in the past 24 hours for $217.22 million.
Crypto chart analyst Ali Martinez highlighted that over 48,000 BTC, worth more than $4.5 billion, were withdrawn from exchanges in the past week.
According to Glassnode data, Bitcoin spot ETFs saw total net inflows of $4.63 billion in December, significantly exceeding the 2024 monthly average …Full story available on Benzinga.com
