Crypto markets are rallying on Monday as the S&P 500 is having its best day in two months.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $88,253.26 | +3.8% |
| Ethereum (CRYPTO: ETH) | $2,091.79 | +4.8% |
| Solana (CRYPTO: SOL) | $142.75 | +9.3% |
| XRP (CRYPTO: XRP) | $2.46 | +2.8% |
| Dogecoin (CRYPTO: DOGE) | $0.1865 | +9.1% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001359 | +5.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume decreasing by 1.6% and daily active addresses falling by 6.4%. Transactions greater than $100,000 are up from 6,288 to 6,350 in a single day. Exchanges netflows are up by 81.2%.
- Coinglass data reports 94,659 traders were liquidated in the past 24 hours for $252.68 million. Bitcoin’s open interest increased by 9.5% over the past 24 hours, the highest since early March.
- Glassnode data shows U.S. spot Bitcoin ETFs breaking their five-week net outflow streak.
- TedPillows stated that while Bitcoin whales are buying, retail is scared.
Notable Developments:
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