Bitcoin, Ethereum, XRP, Dogecoin Explode For Double-Digit Percentage Gains After Trump Trade Deal News
Posted On May 8, 2025
The cryptocurrency market is pushing higher, buoyed by a newly agreed-upon trade deal between the United States and the United Kingdom.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $101,123.47 | +4.8% |
| Ethereum (CRYPTO: ETH) | $2,064.54 | +14.5% |
| Solana (CRYPTO: SOL) | $160.14 | +9.3% |
| XRP (CRYPTO: XRP) | $2.24 | +5.9% |
| Dogecoin (CRYPTO: DOGE) | $0.1902 | +11.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001396 | +10% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 2.3% and daily active addresses growing by 8.7%. Transactions greater than $100,000 are up from 9,668 to 10,628 in a single day. Exchanges netflows are down by 667.9%.
- Coinglass data reports 145,654 traders were liquidated in the past 24 hours for $583.27 million, with short liquidations of $472.8 million at the highest level since April 22.
Notable Developments:
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