The crypto market is showing signs of cooling after a sharp rally on Wednesday.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$79,496.69
-3.1%
Ethereum (CRYPTO: ETH)
$1,516.46
-7.5%
Solana (CRYPTO: SOL)
$111.13
-6.5%
XRP (CRYPTO: XRP)
$1.95
-3.6%
Dogecoin (CRYPTO: DOGE)
$0.1535
-4.1%
Shiba Inu (CRYPTO: SHIB)
$0.00001155
-2.9%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 30.9% and daily active addresses falling by 2.2%. Transactions greater than $100,000 are up from 10,153 to 11,411 in a single day. Exchanges netflows are down by 268%.
Coinglass data reports 110,680 traders were liquidated in the past 24 hours with the total liquidations at $337.28 million.
Notable Developments:
Bitcoin Could Surge To $250,000, Says Cardano Co-Founder Charles Hoskinson
Crypto Leverage Trading In The US May Become More Accessible: Here’s Why
Why The Bitcoin Bull Market Is Back On At $93,000: Glassnode
Bitcoin Breaks $80,000, But ‘Artificial Rally’ Could End In A Bear Market In September, Analyst Warns
Top Gainers:
Cryptocurrency
Price
Gains +/-
Onyxcoin …Full story available on Benzinga.com
