Cryptocurrency markets have plummeted on Friday, following renewed inflation fears.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$83,620.45
-4.3%
Ethereum (CRYPTO: ETH)
$1,879.34
-6.7%
Solana (CRYPTO: SOL)
$129.23
-7.1%
XRP (CRYPTO: XRP)
$2.17
-7.4%
Dogecoin (CRYPTO: DOGE)
$0.1798
-6.3%
Shiba Inu (CRYPTO: SHIB)
$0.00001320
-6.6%
Notable Statistics:
IntoTheBlock data shows large transaction volume decreasing by 4.9%. Daily active addresses are up by 2.6%. Transactions greater than $100,000 are down from 9,796 to 8,936 in a single day. Exchanges netflows are down by 61.5%.
Coinglass data reports 149,848 traders were liquidated in the past 24 hours for $443.51 million.
Notable Developments:
Trump’s SEC Pick Paul Atkins Says His ‘Top Priority’ Will Be ‘Rational’ Crypto Regulations, Marking Shift From Gary Gensler’s Approach
Galaxy Digital To Pay $200 Million In Terra-LUNA Settlement With New York …Full story available on Benzinga.com