Crypto markets are in a holding pattern ahead of Wednesday’s Federal Reserve meeting and other crucial macroeconomic data.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $84,316.40 | +1.1% |
Ethereum (CRYPTO: ETH) | $1,938.92 | +2.5% |
Solana (CRYPTO: SOL) | $129.46 | +1.6% |
XRP (CRYPTO: XRP) | $2.36 | +2.2% |
Dogecoin (CRYPTO: DOGE) | $0.1747 | +3.3% |
Shiba Inu (CRYPTO: SHIB) | $0.00001304 | -1.4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses up by 2.6%. Transactions greater than $100,000 are down from 6,992 to 6,332 in a single day. Exchanges netflows are down by 45.9%.
- Coinglass data reports 83,995 traders were liquidated in the past 24 hours for $172.67 million.
- Crypto chart analyst Ali Martinez stated that long term holders added 179,000 BTC over the past month.
- Martinez also shows capital inflows peaked to $4.16 billion, a level last seen in October 2023.
Notable Developments:
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