Cryptocurrency markets are trading lower amid looming tensions of reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government.
| Cryptocurrency | Price | 24-Hour Gains +/- |
| Bitcoin (CRYPTO: BTC) | $91,400 | -2.7% |
| Ethereum (CRYPTO: ETH) | $3,172 | -3.2% |
| Solana (CRYPTO: SOL) | $182.4 | -6.5% |
| XRP (CRYPTO: XRP) | $2.28 | -1.4% |
| Dogecoin (CRYPTO: DOGE) | $0.3181 | -6.3% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002088 | -1% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 7.6% and daily active addresses remaining relatively flat. Transactions greater than $100,000 are up from 10,613 to 11,991 in a single day. Exchanges netflows are up by 5.5%.
- Coinglass data reports 116,166 traders were liquidated in the past 24 hours for $347.45 million.
Notable Developments:
- Bhutan’s Special Administrative Region Announces Strategic Reserve Consisting Of Bitcoin, Ethereum, BNB Coin: Bhutan Is Open To Other Cryptos, Says Changpeng ‘CZ’ Zhao
- Bitcoin ETFs’ First Year Delivers Massive Returns As 2025 Brings Questions
- Bitcoin, Ethereum ETFs See $742 Million In Outflows, Supply Shock Unlikely In …
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