Bitcoin, Ethereum, XRP, Dogecoin Turn Green As Inflation Cools
Posted On May 13, 2025
Cryptocurrency markets are up on Tuesday, with a benign inflation data print fueling risk-on sentiment across the board.
Cryptocurrency | Price | Gains +/- |
Bitcoin (CRYPTO: BTC) | $104,378.22 | +2.7% |
Ethereum (CRYPTO: ETH) | $2,667.09 | +9.4% |
Solana (CRYPTO: SOL) | $178.90 | +5% |
XRP (CRYPTO: XRP) | $2.57 | +4.2% |
Dogecoin (CRYPTO: DOGE) | $0.2392 | +6.6% |
Shiba Inu (CRYPTO: SHIB) | $0.00001630 | +6.5% |
Notable Statistics:
- IntoTheBlock data shows Bitcoin large transaction volume and daily active addresses spiked 40.7% and 18.1%, respectively, in the past 24 hours. Transactions greater than $100,000 are up from 8,934 to 12,470 in a single day. Exchanges netflows are down by 199.5%.
- Coinglass data reports 165,655 traders were liquidated in the past 24 hours for $509.95 million.
- Glassnode data shows continued Bitcoin accumulation among larger wallets, with mid-sized holders (100–10,000 BTC) leading the charge. In contrast, the largest whales (holding over 10,000 BTC) have eased off, adopting a more neutral stance. Meanwhile, smaller holders (under 10 BTC) have continued to offload their positions.
- According to CoinBureau, corporations have emerged as Bitcoin’s biggest buyers, accumulating …