Crypto markets are trending higher on Wednesday, driven by optimism around potential altcoin spot ETFs.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $96,045.95 | +2.4% |
| Ethereum (CRYPTO: ETH) | $2,711.43 | +3.5% |
| Solana (CRYPTO: SOL) | $168.94 | +3.1% |
| XRP (CRYPTO: XRP) | $2.66 | +7% |
| Dogecoin (CRYPTO: DOGE) | $0.2518 | +2.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001531 | +2% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 4%. Transactions greater than $100,000 are up from 9,049 to 10,134 in a single day. Exchanges netflows are down by 121.8%.
- Coinglass data reports 67,718 traders were liquidated in the past 24 hours for $148.48 million.
Notable Developments:
- Binance.US Restores USD Services After Lengthy Regulatory Roadblock
- Stablecoins Are A Big Deal, But Not Where You’d Expect, Bernstein Says
- Changpeng ‘CZ’ Zhao Donates $100,000 To Support LIBRA Scam …
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