Bitcoin, Ethereum, XRP, Dogecoin Open Green As China Announces Liquidity Injection Ahead Of Fed Interest Rate Decision
Posted On May 7, 2025
Major cryptocurrencies are seeing a green start to the week, buoyed by improving macro sentiment as markets await today’s FOMC decision and ongoing U.S.-China trade developments. Notably, Scott Bessent is scheduled to meet with Chinese officials in Geneva this weekend for high-stakes trade talks.
| Cryptocurrency | Price | 24-hour Gains +/- |
| Bitcoin (CRYPTO: BTC) | $97,019.52 | +3.5% |
| Ethereum (CRYPTO: ETH) | $1,835.66 | +3.8% |
| Solana (CRYPTO: SOL) | $147.51 | +3.6% |
| XRP (CRYPTO: XRP) | $2.14 | +2.6% |
| Dogecoin (CRYPTO: DOGE) | $0.1732 | +5% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001286 | +4% |
Notable Statistics:
- IntoTheBlock data shows Ethereum large transaction volume grew by 24% in a single day, as the Pectra upgrade boosted exchanges netflows by 733%. Bitcoin large transaction volume dropped by 9.4%, while exchange netflows narrowed by 140%.
- Santiment data shows Bitcoin ETF inflows have surged to their highest point since mid-April, with $5.13 billion flowing into BTC ETFs since April 16.
- Santiment also shows large holders (10–10,000 BTC) accumulating over 81,000 BTC during the recent market …
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