Cryptocurrency markets continued to slide lower on Wednesday.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $94,201.98 | -2.3% |
| Ethereum (CRYPTO: ETH) | $3,279.33 | -3.2% |
| Solana (CRYPTO: SOL) | $194.57 | -4.9% |
| XRP (CRYPTO: XRP) | $2.32 | +1.9% |
| Dogecoin (CRYPTO: DOGE) | $0.3362 | -4.8% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002113 | -3.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 9% and daily active addresses falling by 0.08%. Transactions greater than $100,000 are up from 11,574 to 10,613 in a single day. Exchanges netflows are down by 401.2%.
- Coinglass data reports 241,241 traders were liquidated in the past 24 hours for $643.68 million. Bitcoin derivates volume spiked 17.3% to $123.2 billion.
- Quinten Francois noted whales are accumulating Bitcoin.
Notable Developments:
- US Bitcoin Miners Hoard Apex Crypto To Shield Against Rising Expenses — MARA, Riot Replicate MicroStrategy’s Playbook
- MicroStrategy Launches Sovereign European Cloud With …
Full story available on Benzinga.com