Cryptocurrency markets are trading higher on Friday, with Bitcoin prices racing towards reclaiming the $100,000 mark again despite record ETF outflows on Thursday.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $98,729.85 | +1.5% |
Ethereum (CRYPTO: ETH) | $3,623.43 | +4.7% |
Solana (CRYPTO: SOL) | $216.94 | +4.8% |
XRP (CRYPTO: XRP) | $2.47 | +3.3% |
Dogecoin (CRYPTO: DOGE) | $0.3771 | +11.4% |
Shiba Inu (CRYPTO: SHIB) | $0.00002406 | +5.3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 20.3% and daily active addresses falling by 0.01%. Transactions greater than $100,000 are up from 8,267 to 8,953 in a single day. Exchanges netflows are up by 97.9%.
- Coinglass data reports 77,289 traders were liquidated in the past 24 hours for $217.22 million.
- Crypto chart analyst Ali Martinez highlighted that over 48,000 BTC, worth more than $4.5 billion, were withdrawn from exchanges in the past week.
- According to Glassnode data, Bitcoin spot ETFs saw total net inflows of $4.63 billion in December, significantly exceeding the 2024 monthly average …
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