Bitcoin, Ethereum, XRP, Recover Losses, Dogecoin Lags: Trader Expects Consolidation Until Friday’s Crypto Summit

Cryptocurrency markets have bounced back into the green on Tuesday, recovering from earlier losses as excitement builds ahead of the crypto summit on Friday.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC)  $87,881.40 +2.5%
Ethereum (CRYPTO: ETH)  $2,167.42 +2.3%
Solana (CRYPTO: SOL)  $143.26 +0.6%
XRP (CRYPTO: XRP)  $2.49 +5%
Dogecoin (CRYPTO: DOGE)  $0.2003 +0.09%
Shiba Inu (CRYPTO: SHIB)  $0.00001308 +1.1%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 32.8% and daily active addresses growing by 20.4%. Transactions greater than $100,000 are up from 10,965 to 13,388 in a single day. Exchanges netflows are up by 223.2%.
  • Coinglass data reports 295,242 traders were liquidated in the past 24 hours for $947.63 million.
  • IntoTheBlock data shows Bitcoin’s last week price drop caused a surge in active addresses, pushing the daily average …

Full story available on Benzinga.com

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