Cryptocurrency markets are trading 5.9% higher to $2.19 trillion as crypto short liquidations spiked to the highest level since Aug. 23.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$63,485.74
+5.3%
Ethereum (CRYPTO: ETH)
$2,467.60
+6.6%
Solana (CRYPTO: SOL)
$143.74
+10.8%
Dogecoin (CRYPTO: DOGE)
$0.1062
+5%
Shiba Inu (CRYPTO: SHIB)
$0.0000142
+6.3%
Notable Statistics:
IntoTheBlock data shows a 1% drop in large transaction volume and a 5.7% decline in daily active addresses. However, exchanges netflows narrowed by 278.4%. With Bitcoin prices racing beyond the $61,000 mark, 88% of Bitcoin holders are in profit, while 12% are at breakeven.
Coinglass data shows 61,634 traders liquidated in the past 24 hours for $190.39 million, with short liquidations coming in at $117.6 million, the highest level since Aug. 23.
Notable Developments:
Cybercriminals Busted For $243M Crypto Heist: They Spent Hundreds Of Thousands In Night Clubs And On Luxury Gifts
What’s Going On With Coinbase Stock?
Jade City To Democratize Access To $50B Jade …
Full story available on Benzinga.com