Bitcoin, Ethereum, XRP, Dogecoin Flat Despite President Trump Signing Crypto Executive Order

Cryptocurrency markets are trading sideways after a volatile Thursday that saw President Trump sign a crypto-related executive order.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $103,650 -0.3%
Ethereum (CRYPTO: ETH)  $3,268 +0.3%
Solana (CRYPTO: SOL)  $248.26 -5.6%
XRP (CRYPTO: XRP)  $3.10 -2.1%
Dogecoin (CRYPTO: DOGE)  $0.3484 -3.1%
Shiba Inu (CRYPTO: SHIB)  $0.00001978 -2.6%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 8.2% and daily active addresses falling by 6.1%. Transactions greater than $100,000 are down from 13,808 to  12,074 in a single day. Exchanges netflows are down by 4.4%.
  • Coinglass data reports 130,379 traders were liquidated in the past 24 hours for $335.74 million.
  • Crypto chart analyst Ali Martinez noted that capital inflows into the cryptocurrency market have declined by 63.3% to $43.37 billion since Dec. 10. He believes that this suggests a slowdown in market participation and liquidity.

Notable Developments:

Full story available on Benzinga.com

Leave a Reply

Your email address will not be published. Required fields are marked *