Bitcoin Shatters $87,000 All-Time High, Ethereum Up 5%, Dogecoin Blasts Through 30 Cents For 20% Gain In Memorable Monday Trading Session
Posted On November 11, 2024
Cryptocurrency markets are skyrocketing, with Bitcoin setting repeated all-time high marks on Monday.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $86,967.22 | +9.4% |
| Ethereum (CRYPTO: ETH) | $3,323.2 | +5.1% |
| Solana (CRYPTO: SOL) | $219.24 | +6.2% |
| Dogecoin (CRYPTO: DOGE) | $0.322 | +20.7% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002744 | +8.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 52.5% and daily active addresses up by 18.4%. Transactions greater than $100,000 are up from 6,787 to 10,856 in a single day. Exchanges netflows are down by 67.1%. 100% of Bitcoin holders are currently in profit.
- Coinglass data reports 193,370 traders were liquidated in the past 24 hours for $681.83 million. Open interest of $48.6 billion is the highest in more than a year.
- Bitcoin Archive reported that Bitcoin ETFs saw $1 billion in trading volume in only 35 minutes.
Notable Developments:
- Bitcoin, Ethereum ETFs React As BTC Surges Past $82K After Trump’s Win
- MicroStrategy Acquires Another 27,200 Bitcoin Worth $2 Billion
- Small Caps, Financials Rally As Bitcoin Blasts Past $85,000: What’s Driving Markets Monday?
- Donald Trump Can’t Fire Gary Gensler, But Pro-Crypto Policies Means Industry Is On …
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