Cryptocurrency markets are trading sideways on a low-volume Monday.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $94,335.84 | +1.2% |
| Ethereum (CRYPTO: ETH) | $3,399.26 | +1.7% |
| Solana (CRYPTO: SOL) | $195.53 | +2.1% |
| XRP (CRYPTO: XRP) | $2.11 | -0.8% |
| Dogecoin (CRYPTO: DOGE) | $0.32 | +1.9% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002158 | -0.04% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 53.99% and daily active addresses falling by 0.07%. Transactions greater than $100,000 are down from 7,598 to 7,678 in a single day. Exchanges netflows are down by 25.5%.
- Coinglass data reports 111,449 traders were liquidated in the past 24 hours for $283.52 million. Bitcoin derivatives trading volume surged 142% in past 24 hours while open interest is up 3.3%.
Notable Developments:
- Dogecoin’s Tesla Integration, Pepe’s Monster Gains, Shiba Inu Drops A Zero: The 2024 Meme Coin Year In Review
- EXCLUSIVE: Janover To Accept Bitcoin Payments And Consider Crypto For Treasury Allocation
- European Central Bank Should Consider Bitcoin Reserve, Former German Finance Minister Says
- MicroStrategy Drops Another $209 Million On Bitcoin, Extends Buying Streak To 8 Weeks
- Donald Trump’s $9.9 Million Crypto Portfolio: Over …
Full story available on Benzinga.com