Bitcoin, Ethereum, XRP, Dogecoin Hold Gains As US, China Agree To Lower Tariffs
Posted On May 12, 2025
Major cryptocurrencies are holding firm on Monday morning as investor sentiment improves on news of a U.S.-China tariff pause.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $103,945.97 | -0.7% |
| Ethereum (CRYPTO: ETH) | $2,550.52 | +1.2% |
| Solana (CRYPTO: SOL) | $175.02 | +0.5% |
| XRP (CRYPTO: XRP) | $2.53 | +6.7% |
| Dogecoin (CRYPTO: DOGE) | $0.2437 | +4.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001679 | +4.4% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin large transaction volume grew 3%, while daily active addresses dropped 7.4% in a single day.
- Coinglass data shows 147,351 traders were liquidated in the past 24 hours for $392.16 million.
- Discord groups flagged a sharp rise in Bitcoin open interest, with $1.7 billion added in a day, noting that longs are pushing the price action upward despite rising funding rates.
Trader Notes: Nic Puckrin, founder and investor of Coin …
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