Cryptocurrency markets are trading relatively flat Wednesday, inching into the green and marking a so-called corrective rally after Bitcoin prices dropped to $56,000 levels earlier in the day.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$57,697.89
-0.5%
Ethereum (CRYPTO: ETH)
$2,446.79
-0.2%
Solana (CRYPTO: SOL)
$133.06
+1.5%
Dogecoin (CRYPTO: DOGE)
$0.09781
-0.2%
Shiba Inu (CRYPTO: SHIB)
$0.00001329
+0.3%
Notable Statistics:
IntoTheBlock data shows a 36.9% increase in large transaction volume and transactions greater than $100,000 increased from 8,962 as of Sept. 2 to 9,458 as of Sept. 3. Exchanges netflows skyrocketed by 526.7%.
Coinglass data noted 72,105 traders were liquidated in the past 24 hours as total liquidations stood at $192.48 million.
Bitcoin Archive reported that Japan dropped the maximum tax rate on Bitcoin and crypto from 55% to 20%.
Notable Developments:
Blockchain Technology Wire Network Designs First Blockchain For AI Agent Economy
NFT Market In Crisis: 96% Of Digital Tokens Declared ‘Dead’ As Investor Losses Mount
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
Marathon Digital Bitcoin Production Falls 3% In August, Hash Rate Rises 11%: What’s Going On?
Pro-Bitcoin Attorney John …
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