Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $96,769.28 | -0.8% |
Ethereum (CRYPTO: ETH) | $2,650.07 | -1.7% |
Solana (CRYPTO: SOL) | $195.91 | -2.4% |
XRP (CRYPTO: XRP) | $2.43 | -5.5% |
Dogecoin (CRYPTO: DOGE) | $0.2502 | -2.4% |
Shiba Inu (CRYPTO: SHIB) | $0.0000153 | -2.5% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%. Transactions greater than $100,000 are relatively flat. Exchanges netflows are down by 103%.
- Coinglass data reports 93,111 traders were liquidated in the past 24 hours for $231.19 million.
- Glassnode data shows since mid-December retail investors (≤1 BTC) have been accumulating Bitcoin at an accelerated rate, averaging 10,627 BTC per day—72% higher than the past year’s daily average of 6,177 BTC.
Notable Developments:
- Franklin Templeton Seeks SEC Approval For New Crypto Index ETF Focused On Bitcoin And Ether
- CleanSpark Shares Are On The Rise Today: What’s Going …
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