Bitcoin, XRP, Dogecoin Up 2%, ETH Surges 7% Amid Regulatory Tailwinds

Cryptocurrencies are surging on Tuesday morning, with Bitcoin briefly tapping the $110,000 mark.

Optimism is being fueled by institutional accumulation and a fresh wave of regulatory clarity from the joint U.S. SEC and CFTC statement, boosting investor confidence.

Cryptocurrency Price    Gains +/-
Bitcoin (CRYPTO: BTC) $109,525.03 +1.9%
Ethereum (CRYPTO: ETH) $2,714.58 +7%
Solana (CRYPTO: SOL) $158.01 +1.4%
XRP (CRYPTO: XRP) $2.27 +0.9%
Dogecoin (CRYPTO: DOGE) $0.1912 +3.1%
Shiba Inu (CRYPTO: SHIB) $0.00001301 +2.4%

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction volume increased by 54.8% and 164.1% respectively. Daily active addresses are up by 17.9% and 8%. BTC’s exchange netflows are down by 241.9%.
  • Coinglass data shows 102,059 traders were liquidated in the past 24 hours for $408.36 million.
  • SoSoValue data shows net outflows of $386.3 million into spot Bitcoin …

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