Cryptocurrencies saw another day of bearish price action on Thursday, with only XRP displaying relative strength.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $80,353.45 | -3% |
| Ethereum (CRYPTO: ETH) | $1,852.08 | -1.5% |
| Solana (CRYPTO: SOL) | $121.79 | -2.4% |
| XRP (CRYPTO: XRP) | $2.24 | +0.4% |
| Dogecoin (CRYPTO: DOGE) | $0.1631 | -3.7% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001190 | -2.9% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 10.7% and daily active addresses falling by 5%. Transactions greater than $100,000 are down from 10,766 to 10,064 in a single day. Exchanges netflows are down by 491.8%.
- Coinglass data reports 81,934 traders were liquidated in the past 24 hours for $209.56 million.
- Crypto chart analyst Ali Martinez noted that more than 36,000 BTC have been withdrawn from exchanges in the last 96 hours.
Notable Developments:
- Trump Family In Talks To Acquire Stake In Binance As Former CEO Changpeng Zhao Pushes For Pardon
- Bitcoin Tumbles Around $80,000, Experts See $60,000 Floor If BTC, ETH, XRP Continue Downtrend
- Binance CEO Richard Teng Hails Donald Trump’s Bitcoin Reserve, XRP, …
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