Bitcoin, Ethereum, Dogecoin Continue Uptrend, XRP Surges Over 5%

Major cryptocurrencies are extending their climb as Bitcoin firmly holds above the $106,000 mark.

The broader crypto market is showing signs of renewed confidence, supported by positive sentiment across the U.S., including California passing a Bitcoin payment bill.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $106,238.23 +1.8%
Ethereum (CRYPTO: ETH) $2,626.27 +3.5%
Solana (CRYPTO: SOL) $161.09 +5.7%
XRP (CRYPTO: XRP) $2.26 +4.7%
Dogecoin (CRYPTO: DOGE) $0.1969 +3.4%
Shiba Inu (CRYPTO: SHIB) $0.00001324 +2.8%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 72.1% and daily active addresses growing by 12.1%. Transactions greater than $100,000 are up from 7,642 to 11,499 in a single day. Exchanges netflows are down by 3,691%.
  • Coinglass data reports 80,194 traders were liquidated in the past 24 hours for $208.47 million.
  • Santiment data shows 151,820 wallets are holding between 10 to 10,000 Bitcoin. These key stakeholders have aggressively been accumulating over the past week.

Notable Developments:

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