Cryptocurrency markets are up on Tuesday amid stories of Trump Media Group pursuing a Bitcoin acquisition strategy.
| Cryptocurrency | Value | Beneficial properties +/- |
| Bitcoin BTC/USD | $109,710 | +0.6% |
| Ethereum ETH/USD | $2,681 | +5.7% |
| Solana SOL/USD | $178.75 | +2.5% |
| XRP XRP/USD | $2.34 | +1.3% |
| Dogecoin DOGE/USD | $0.2275 | +1.4% |
| Shiba Inu SHIB/USD | $0.00001451 | +1.4% |
Notable Statistics:
- IntoTheBlock knowledge reveals massive transaction quantity rising by 32% and day by day lively addresses rising by 21%.
- Coinglass knowledge stories 161,179 merchants have been liquidated up to now 24 hours for $563.57 million.
Notable Developments:
Dealer Notes: Distinguished dealer Pentoshi stays bullish on each ETH and SOL, saying Ethereum “nonetheless appears to be like good” and Solana is “knocking at resistance.”
Dealer Altcoin Sherpa warns of attempting to brief Bitcoin, calling it “the best asset on the planet.”
The Movement Horse points out Bitcoin’s divergence from the S&P 500, which is up 2% on the day, musing whether or not the apex crypto is lagging or “congested.”
Former Fox Enterprise reporter Eleanor Terrett flagged Wyoming’s GOP senator Cynthis Lummis‘s panel dialogue on the Bitcoin convention, the place the latter hinted on the U.S. authorities withholding details about the precise quantity of Bitcoin it holds in its reserves.
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