Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump‘s executive orders on crypto and his announcement regarding a strategic Bitcoin reserve.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $104,661.95 | -2.3% |
| Ethereum (CRYPTO: ETH) | $3,266.86 | -2% |
| Solana (CRYPTO: SOL) | $266.11 | +5.4% |
| XRP (CRYPTO: XRP) | $3.24 | +1.4% |
| Dogecoin (CRYPTO: DOGE) | $0.3614 | -5.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002042 | -2.8% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%. Transactions greater than $100,000 are down from 16,250 to 13,808 in a single day. Exchanges netflows are down by 307.6%.
- Coinglass data reports 88,536 traders were liquidated in the past 24 hours for $161.09 million.
- Arkham Intelligence data shows Blackrock purchased $600 million of BTC, marking its third largest purchase this year.
Notable Developments:
- Strategic Bitcoin Reserve Probability Up To 64% Despite Trump Silence On Crypto
- Bitcoin Is No ‘Threat’ …
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