Cryptocurrency markets are showing muted price action on Thursday.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$93,335.24
-0.9%
Ethereum (CRYPTO: ETH)
$1,765.04
-2.3%
Solana (CRYPTO: SOL)
$151.33
-0.6%
XRP (CRYPTO: XRP)
$2.20
-1.7%
Dogecoin (CRYPTO: DOGE)
$0.1802
-0.6%
Shiba Inu (CRYPTO: SHIB)
$0.00001349
-1.5%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 31.7% and daily active addresses falling by 9.4%. Transactions greater than $100,000 are up from 11,674 to 11,905 in a single day. Exchanges netflows are down by 447.5%.
Coinglass data reports 115,542 traders were liquidated in the past 24 hours for $270.43 million.
Notable Developments:
SEC Zooms In On Nayib Bukele-Led El Salvador’s Crypto Regulation Model
Solana Staking ETF Surges 18% In Debut Week—Here’s How Much Cathie Wood’s Ark Invest Has Parked In It
CME Group To Launch XRP Futures In May: How Did XRP Price React?
Full story available on Benzinga.com
