Bitcoin, Ethereum, XRP, Dogecoin See ‘Another Monday Open Pump,’ Trader Predicts Next Move After ‘Unemployment Data On Friday’

Cryptocurrency markets are trading higher on Monday after MicroStrategy and Metaplanet announced having acquired more BTC.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $101,987.32 +4%
Ethereum (CRYPTO: ETH)  $3,689.41 +1.4%
Solana (CRYPTO: SOL)  $220.19 +3.4%
XRP (CRYPTO: XRP)  $2.43 +1.8%
Dogecoin (CRYPTO: DOGE)  $0.3895 +1.9%
Shiba Inu (CRYPTO: SHIB)  $0.00002427 +2.3%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 5.3% and daily active addresses remained flat at 1.25 trillion. Transactions greater than $100,000 are down from 7,269 to 7,116 in a single day. Exchanges netflows are up by 21.8%.
  • Coinglass data reports 74,635 traders were liquidated in the past 24 hours with the total liquidations at $220.17 million. Open interest spiked 17.8% to $66.2 billion in the past 24 hours.

Notable Developments:

Full story available on Benzinga.com

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