Bitcoin, Ethereum, XRP, Dogecoin Rally On Post-Inauguration Tuesday

Tuesday’s surge in cryptocurrency markets coincides with a wave of ETF filings submitted to the SEC within 24 hours of the Donald Trump administration taking office.  

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $107,106.40 +3.3%
Ethereum (CRYPTO: ETH)  $3,335.10 +0.1%
Solana (CRYPTO: SOL)  $252.85 +2.7%
XRP (CRYPTO: XRP)  $3.19 +2.2%
Dogecoin (CRYPTO: DOGE)  $0.3841 +7.2%
Shiba Inu (CRYPTO: SHIB)  $0.00002102 +2.2%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 35.8% and daily active addresses up by 7.3%. Transactions greater than $100,000 are up from 13,057 to 16,250 in a single day. Exchanges netflows are down by 67.9%.
  • Coinglass data reports 152,371 traders were liquidated in the past 24 hours for $340.35 million.

Notable Developments:

Full story available on Benzinga.com

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