Bitcoin, Ethereum, XRP, Dogecoin Move Higher Ahead Of Inflation Data Wednesday

Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market.

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%. Transactions greater than $100,000 are up from 6,648 to 10,421 in a single day. Exchanges netflows are down by 332.2%.
• Coinglass data reports 78,239 traders were liquidated in the past 24 hours with the total liquidations at $279.24 million.

Notable Developments:

• Trump Could Sign Crypto-Related Executive Orders On Day 1: Report
• Solana, XRP ETFs Could Outperform Ethereum ETFs, Says JPMorgan
• Gary Gensler Defends SEC Legacy: ‘We Focused On Reforms In The $60 Trillion Equity Markets’
• Coinbase Wins Partial Victory In SEC Regulatory …

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