Bitcoin, XRP, Dogecoin Dip, Ethereum Holds Steady As Crypto Market Consolidates

Cryptocurrency markets are trading lower on reduced volatility on Tuesday.

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 60.8% and daily active addresses rise by 14.3%. Transactions greater than $100,000 are up from 9,766 to 14,810 in a single day. Exchanges netflows are down by 138.6%.
• Coinglass data reports 150,405 traders were liquidated in the past 24 hours for $436.49 million.

Notable Developments:

• Could The Trump-Established Sovereign Wealth Fund Invest In Bitcoin, Nvidia, TikTok?
• FTX Repayments Begin February 18, Claims Under $50,000 Eligible
• Coinbase Says It’s Become UK’s Largest Crypto Exchange After Securing Regulatory Approval
• El Salvador Goes Bigger on Bitcoin: Daily Purchase Jumps 10x Amid Market Slump
• Meme ...

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