Bitcoin, Ethereum, XRP, Dogecoin Grind Up On Tuesday As Traders Hope For ‘Red Monday, Green Week’

The crypto market opened the week with volatility but is showing signs of strength, as Bitcoin rebounded to touch $105,000. Institutional adoption continues to rise, with JP Morgan now offering Bitcoin access to clients, while exchange supplies decline and ETF inflows surge.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $104,956.98 +1.9%
Ethereum (CRYPTO: ETH) $2,496.54 +3.3%
Solana (CRYPTO: SOL) $165.50 +2.1%
XRP (CRYPTO: XRP) $2.33 +0.7%
Dogecoin (CRYPTO: DOGE) $0.2192 +0.9%
Shiba Inu (CRYPTO: SHIB) $0.00001418   +0.7%

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased by 62.5% and 128.1%, respectively. BTC’s daily active addresses went up by 16.5%. Bitcoin’s exchange netflows spiked 5,227.5%, while transactions greater than $100,000 rose from 7,945 to 11,221.  
  • Coinglass data shows 78,109 traders were liquidated in the past 24 hours for $226.22 million.
  • SoSoValue data shows daily total net inflow in U.S. Bitcoin spot ETFs on Monday at $667.4 million. ETH Spot …

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