Crypto markets are rallying on Monday as the S&P 500 is having its best day in two months.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$88,253.26
+3.8%
Ethereum (CRYPTO: ETH)
$2,091.79
+4.8%
Solana (CRYPTO: SOL)
$142.75
+9.3%
XRP (CRYPTO: XRP)
$2.46
+2.8%
Dogecoin (CRYPTO: DOGE)
$0.1865
+9.1%
Shiba Inu (CRYPTO: SHIB)
$0.00001359
+5.7%
Notable Statistics:
IntoTheBlock data shows large transaction volume decreasing by 1.6% and daily active addresses falling by 6.4%. Transactions greater than $100,000 are up from 6,288 to 6,350 in a single day. Exchanges netflows are up by 81.2%.
Coinglass data reports 94,659 traders were liquidated in the past 24 hours for $252.68 million. Bitcoin’s open interest increased by 9.5% over the past 24 hours, the highest since early March.
Glassnode data shows U.S. spot Bitcoin ETFs breaking their five-week net outflow streak.
TedPillows stated that while Bitcoin whales are buying, retail is scared.
Notable Developments:
Tokenization Will Merge …Full story available on Benzinga.com
