Bitcoin, Ethereum, XRP, Dogecoin Reverse ‘Red Monday’ On Bullish Trump News
Posted On January 13, 2025
Cryptocurrency markets reversed a weak start to the week on news that Donald Trump reportedly plans signing sseveral crypto-related executive orders on his first day in office.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $94,357 | -0.1% |
| Ethereum (CRYPTO: ETH) | $3,117 | -4.5% |
| Solana (CRYPTO: SOL) | $181.90 | -3.3% |
| XRP (CRYPTO: XRP) | $2.54 | +0.9% |
| Dogecoin (CRYPTO: DOGE) | $0.3358 | -0.0% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002108 | -2.2% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 6.4%. Transactions greater than $100,000 are down from 7,112 to 6,648 in a single day. Exchanges netflows are down by 147.8%.
- Coinglass data reports 273,610 traders were liquidated in the past 24 hours for $764.74 million. Long liquidations of $587.9 million came in at a three-week high.
- Crypto chart analyst Ali Martinez noted Bitcoin network activity having fallen to its lowest level since November 2024, with just 667,100 active …
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