Cryptocurrency markets are trading sideways after a volatile Thursday that saw President Trump sign a crypto-related executive order.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $103,650 | -0.3% |
Ethereum (CRYPTO: ETH) | $3,268 | +0.3% |
Solana (CRYPTO: SOL) | $248.26 | -5.6% |
XRP (CRYPTO: XRP) | $3.10 | -2.1% |
Dogecoin (CRYPTO: DOGE) | $0.3484 | -3.1% |
Shiba Inu (CRYPTO: SHIB) | $0.00001978 | -2.6% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 8.2% and daily active addresses falling by 6.1%. Transactions greater than $100,000 are down from 13,808 to 12,074 in a single day. Exchanges netflows are down by 4.4%.
- Coinglass data reports 130,379 traders were liquidated in the past 24 hours for $335.74 million.
- Crypto chart analyst Ali Martinez noted that capital inflows into the cryptocurrency market have declined by 63.3% to $43.37 billion since Dec. 10. He believes that this suggests a slowdown in market participation and liquidity.
Notable Developments:
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