Cryptocurrency markets are trading lower as markets continue to cope with geopolitical uncertainty.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$60,836
-1.6%
Ethereum (CRYPTO: ETH)
$2,393
-4%
Solana (CRYPTO: SOL)
$140.87
-4%
Dogecoin (CRYPTO: DOGE)
$0.1034
-3.4%
Shiba Inu (CRYPTO: SHIB)
$0.00001617
-0.4%
Notable Statistics:
IntoTheBlock data shows large transaction volume decreasing by 12% and daily active addresses increasing by 17.6%. Transactions greater than $100,000 are up from 9,193 to 9,410 in a single day. Exchanges netflows are down by 55.7%.
Coinglass data reports 77,587 traders were liquidated in the past 24 hours for $255 million.
CoinMarketCap shows the crypto Fear and Greed Index at 39 in the fear zone, down from 56.6 last Friday.
Crypto chart analyst Ali Martinez predicts that around $112 million in short positions will be …
Full story available on Benzinga.com