Major cryptocurrencies are staging a slight recovery after a brutal Monday sell-off. The broader downturn in digital assets continues to mirror turbulence in traditional markets, as investors react to escalating geoeconomic tariff conflicts.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$78,891.70
-0.6%
Ethereum (CRYPTO: ETH)
$1,564.21
-3.9%
Solana (CRYPTO: SOL)
$107.17
+1.4%
XRP (CRYPTO: XRP)
$1.91
-4.3%
Dogecoin (CRYPTO: DOGE)
$0.1486
-3.3%
Shiba Inu (CRYPTO: SHIB)
$0.00001141
-0.2%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 17.9% and daily active addresses falling by 6.8%. Transactions greater than $100,000 are up from 6,738 to 7,593 in a single day. Exchanges netflows are down by 192.6%.
Coinglass data reports 432,028 traders were liquidated in the past 24 hours for $1.46 billion.
Notable Developments:
Strategy Reports $5.9 Billion in Unrealized Bitcoin Losses, Pauses New Purchases
Bitcoin, Ethereum, XRP Drowning In Tariff Tsunami: ‘Fall To $50,000’ Possible, Expert Warns
New ETFs Offer Bitcoin Exposure With Built-In Safety Nets
Peter …Full story available on Benzinga.com