Cryptocurrency markets are trading higher, taking 96% Bitcoin holders into profit.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$67,883.56
+1.6%
Ethereum (CRYPTO: ETH)
$2,617.07
+1.3%
Solana (CRYPTO: SOL)
$154.56
-0.15%
Dogecoin (CRYPTO: DOGE)
$0.1265
+10.2%
Shiba Inu (CRYPTO: SHIB)
$0.00001869
+3.4%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 43.5% and daily active addresses growing by 10.4%. Transactions greater than $100,000 are up from 9,217 to 9,654 in a single day. Exchanges netflows are up by 43.8%.
Coinglass data reports 53,788 traders were liquidated in the past 24 hours for $147.29 million.
Crypto trader Jake Gagain pointed to Bitcoin reaching the highest market dominance (58.8%) since 2021. Analysts predict Bitcoin could reach 60% dominance before an altcoin season begins.
Notable Developments:
Elon Musk’s Tesla Waving Goodbye To Bitcoin? $760M Sent To Unknown Wallets
Venture Capitalist Labels Gary Gensler ‘Worst Crypto Regulator Ever,’ Says Election …
Full story available on Benzinga.com