Bitcoin Reclaims $91,000, Ethereum, XRP, Dogecoin Ride The Rally – ‘BTC Doing What It Always Does’

Cryptocurrency markets are trading higher on Tuesday, with Bitcoin reclaiming $91,000 on the back of the strongest institutional ETF inflows since January.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $91,549.61 +5.4%
Ethereum (CRYPTO: ETH) $1,704.37 +8.5%
Solana (CRYPTO: SOL) $144.88 +7%
XRP (CRYPTO: XRP) $2.16  +4.3%
Dogecoin (CRYPTO: DOGE) $0.1723 +9.8%
Shiba Inu (CRYPTO: SHIB) $0.00001325 +7.4%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 80.2% and daily active addresses growing by 19.3%. Transactions greater than $100,000 are up from 5,571 to 8,839 in a single day. Exchanges netflows are down by 661.9%.
  • Coinglass data reports 108,998 traders were liquidated in the past 24 hours with the total liquidations at $348.20 million.
  • Glassnode data shows Bitcoin open interest increased from $28.5 billion to $30.7 billion over the past 24 hours.

Notable Developments:

Full story available on Benzinga.com