Bitcoin, Ethereum, XRP, Dogecoin Await Inflation, GDP Data

Cryptocurrency markets are awaitingtoday’s release of core PCE inflation data, trading in a tight sideways range on Wednesday morning.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $94,921 +0.0%
Ethereum (CRYPTO: ETH) $1,805 -1.8%
Solana (CRYPTO: SOL) $147.25 -1%
XRP (CRYPTO: XRP) $2.23 -3%
Dogecoin (CRYPTO: DOGE) $0.1751 -2.3%
Shiba Inu (CRYPTO: SHIB) $0.00001338 -2.3%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 77.7% and daily active addresses growing by 28.9%. Transactions greater than $100,000 are up from 7,991 to 10,589 in a single day. Exchanges netflows are down by 126%.
  • Coinglass data reports 85,275 traders were liquidated in the past 24 hours for $145.97 million.

Notable Developments:

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