Cryptocurrency markets post solid gains amid rising optimism around a potential Federal Reserve rate cut in June.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$96,563.07
+2.8%
Ethereum (CRYPTO: ETH)
$1,850.66
+3.8%
Solana (CRYPTO: SOL)
$151.03
+3.7%
XRP (CRYPTO: XRP)
$2.23
+1.8%
Dogecoin (CRYPTO: DOGE)
$0.1818
+6%
Shiba Inu (CRYPTO: SHIB)
$0.00001361
+3%
Notable Statistics:
IntoTheBlock data shows large transaction volume decreasing by 9.5% and daily active addresses growing by 9.7%. Transactions greater than $100,000 are up from 10,199 to 10,529 in a single day. Exchanges netflows are up by 326.9%.
Coinglass data reports 76,834 traders were liquidated in the past 24 hours for $221.20 million.
Notable Developments:
Crypto Wallet Fragmentation Grows: 62% Of Users Manage Multiple Wallets, Report Says
Bondex Acquires Web3.Career To Build End-To-End Web3 Hiring Platform
Bitcoin Breaks $96,000 Ahead Of ‘Pivotal Week’
Staking Bitcoin Is A Thing? Yes, And Here’s How You Can Do It
Sam Altman’s Crypto Project Unveils AI-Spotting Gizmo, Brings ‘World’ To The US
El Salvador Committed To Buy …Full story available on Benzinga.com
