Cryptocurrency markets are trading higher, with Bitcoin approaching $100,000, Solana ETF talks picking up steam and XRP gaining on Gary Gensler announcing his resignation on Donald Trump‘s inauguration day.
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 8.5% and daily active addresses up by 0.4%. Transactions greater than $100,000 are up from 11,911 to 13,321 in a single day. Exchanges netflows are down by 89%.
- Coinglass data reports 139,421 traders were liquidated in the past 24 hours for $469.70 million.
Notable Developments: