Bitcoin, XRP, Dogecoin Dip But Ethereum Outperforms After Inflation Report

Cryptocurrency markets are trading lower on Tuesday despite an in-line consumer price inflation report.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $116,848.09
Ethereum (CRYPTO: ETH) $3,072.94
Solana (CRYPTO: SOL) $162.49
XRP (CRYPTO: XRP) $2.91
Dogecoin (CRYPTO: DOGE) $0.1950
Shiba Inu (CRYPTO: SHIB) $0.00001353

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 141.1% and daily active addresses growing by 28.3%. Transactions greater than $100,000 are up from 8,732 to 16,402 in a single day. Exchanges netflows are down by 805.3%.
  • Coinglass data reports 136,584 traders were liquidated in the past 24 hours for $529.10 million.
  • The top gainers/losers in the past 24 hours include Pump.fun (CRYPTO: PUMP), Pudgy Penguins (CRYPTO: PENGU), and Sei (CRYPTO: SEI).

Notable Developments:

Full story available on Benzinga.com