Bitcoin Shatters $110,000, XRP, Dogecoin, Ethereum Surge: ‘Bulls Emerge Victorious,’ Trader Concludes

Crypto markets are surging on early Thursday, with Bitcoin hitting a new all-time high above $110,000 amid accelerating institutional adoption and robust ETF inflows.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $110,681.06 +4%
Ethereum (CRYPTO: ETH) $2,650.22 +4.3%
Solana (CRYPTO: SOL) $178.1 +5.3%
XRP (CRYPTO: XRP) $2.41 +2.7%
Dogecoin (CRYPTO: DOGE) $0.2395 +5.6%
Shiba Inu (CRYPTO: SHIB) $0.00001523 +4.9%

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 22.1% and 36.9%, respectively, while BTC’s daily active addresses went up by 7.7% and exchange netflows are up by 332.7%.
  • Coinglass data shows 125,650 traders were liquidated in the past 24 hours for $505.49 million.
  • SoSoValue data shows $608.99 million in net inflows into spot Bitcoin ETFs and $587,000 in net inflows into spot Ethereum ETFs.
  • CoinGlass data shows selling pressure for Bitcoin with nearly $200 million in stacked sell orders between $111,000–$113,200, …

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