Cryptocurrency markets ticked higher on Monday as Bitcoin’s performance drew attention from commentators eyeing a shift in macro sentiment.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$86,937.92
+2.8%
Ethereum (CRYPTO: ETH)
$1,572.74
-0.5%
Solana (CRYPTO: SOL)
$135.64
-0.6%
XRP (CRYPTO: XRP)
$2.07
+0.8%
Dogecoin (CRYPTO: DOGE)
$0.1570
+1.9%
Shiba Inu (CRYPTO: SHIB)
$0.00001236
-1%
Notable Statistics:
IntoTheBlock data shows large transaction volume decreasing by 11.3% and daily active addresses falling by 10.3%. Transactions greater than $100,000 are down from 6,794 to 5,571 in a single day. Exchanges netflows are down by 29.9%. 90% Bitcoin holders are in profit.
Coinglass data reports 102,563 traders were liquidated in the past 24 hours for $278.19 million.
Crypto chart analyst Ali Martinez highlights Bitcoin ETFs recording consistent outflows over the past 40 days.
Notable Developments:
5 Catalysts That Could Drive Bitcoin Higher: Bernstein
Deutsche Bank, Standard Chartered Reportedly Looking Into Expanding To US Crypto Market
Strategy Adds $555 Million In Bitcoin, Ups Stash To 538,200 BTC
Upexi Raises $100 …Full story available on Benzinga.com
