Cryptocurrency markets are trading lower as China’s stimulus measures came in lower than expected.
Cryptocurrency
Price
Gains +/-
Bitcoin (CRYPTO: BTC)
$62,017.71
-1.7%
Ethereum (CRYPTO: ETH)
$2,429.76
-0.09%
Solana (CRYPTO: SOL)
$142.62
-2.4%
Dogecoin (CRYPTO: DOGE)
$0.1066
-3%
Shiba Inu (CRYPTO: SHIB)
$0.00001712
-3.7%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%. Transactions greater than $100,000 are up from 5,296 to 8,143 in a single day.
Coinglass data reports 58,910 traders were liquidated in the past 24 hours for $179.70 million.
Arkham Intelligence reported Fidelity alone has purchased more than $100 million Bitcoin over the past 24 hours.
Notable Developments:
Crypto.Com Takes On SEC In Legal Battle After Receiving Wells Notice
FTX To Repay Creditors Up To $16.5B: Is This Bullish For Bitcoin?
Robinhood Eyes Major Growth …
Full story available on Benzinga.com