Bitcoin, Ethereum, Dogecoin Slip Ahead Inflation Data Release

Cryptocurrency markets are down Tuesday morning ahead of the consumer price inflation report due later in the day.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $118,520.70
Ethereum (CRYPTO: ETH) $4,292.10
Solana (CRYPTO: SOL) $174.93
XRP (CRYPTO: XRP) $3.12
Dogecoin (CRYPTO: DOGE) $0.2210
Shiba Inu (CRYPTO: SHIB) $0.00001281

Notable Statistics:

  • IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 68.8% and 114%, respectively in a single day. Daily active addresses grew 17% and declined 3.1%, respectively.
  • Coinglass data shows 141,584 traders were liquidated in the past 24 hours for $433.59 million.
  • SoSoValue data shows net inflows of $178.2 million into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $1.02 billion. 

Trader Notes: Crypto chart analyst …

Full story available on Benzinga.com