Bitcoin, Dogecoin Up, Ethereum, XRP Flat On Slow Monday Start

Cryptocurrency markets ticked higher on Monday as Bitcoin’s performance drew attention from commentators eyeing a shift in macro sentiment.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $86,937.92 +2.8%
Ethereum (CRYPTO: ETH) $1,572.74 -0.5%
Solana (CRYPTO: SOL) $135.64 -0.6%
XRP (CRYPTO: XRP) $2.07 +0.8%
Dogecoin (CRYPTO: DOGE) $0.1570 +1.9%
Shiba Inu (CRYPTO: SHIB) $0.00001236   -1%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume decreasing by 11.3% and daily active addresses falling by 10.3%. Transactions greater than $100,000 are down from 6,794 to 5,571 in a single day. Exchanges netflows are down by 29.9%. 90% Bitcoin holders are in profit.
  • Coinglass data reports 102,563 traders were liquidated in the past 24 hours for $278.19 million.
  • Crypto chart analyst Ali Martinez highlights Bitcoin ETFs recording consistent outflows over the past 40 days.

Notable Developments:

Full story available on Benzinga.com