Cryptocurrency markets are trading lower to start the new week after record inflows into Bitcoin ETFs last week.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$63,431.9
-3.6%
Ethereum (CRYPTO: ETH)
$2,589.2
-2.8%
Solana (CRYPTO: SOL)
$154.6
-2%
Dogecoin (CRYPTO: DOGE)
$0.118
-7.2%
Shiba Inu (CRYPTO: SHIB)
$0.00001779
-8.4%
Notable Statistics:
IntoTheBlock data shows large transaction volume increased by 6.05% and daily active addresses spiked by 4.9%. Currently, 86% of Bitcoin holders are in profit and 5% are at breakeven.
Coinglass data reports 69,000 traders liquidated in the past 24 hours for $201.46 million. Long liquidations of $156 million are the highest since Sep. 6.
Arkham Intelligence marked Friday as the most bullish ETF day in more than two months. With total net inflows of $494.4 million, the biggest buyers were Ark Invest, Fidelity and Blackrock.
Notable Developments:
Donald Trump’s World Liberty Financial Opens KYC Verification For Participation In ‘Historic Moment’
China’s Ex-Finance Deputy Urges Xi Jinping Government To Study Cryptocurrencies In Light Of ‘Latest International Changes And Policy Adjustments
What’s Going On …
Full story available on Benzinga.com