Cryptocurrency markets are trading higher in the aftermath of the failed assassination attempt on former President Donald Trump.
Cryptocurrency | Price | Gains +/- |
Bitcoin BTC/USD | $63,450.42 | +5.9% |
Ethereum ETH/USD | $3,413.92 | +7% |
Solana SOL/USD | $155.8 | +7.3% |
Dogecoin DOGE/USD | $0.12 | +8% |
Shiba Inu SHIB/USD | $0.00001853 | +7.9% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 4% and daily active addresses growing by 27.5%. Led by the price surge, 87% of Bitcoin holders are currently making a profit, while 13% remain at breakeven.
- Coinglass data shows 51,245 traders were liquidated in the past 24 hours for $166.00 million. Bitcoin short liquidations came in at the highest level ($48.3 million) since July 9.
- Crypto chart analyst Ali Martinez noted long-term Bitcoin holders are now back in action , with 6,500 BTC added to their wallets.
- Cryptoquant CEO Ki Young Ju spotted a recovery in spot ETF demand with 16,800 BTC flowing in last week.
Notable Developments:
Top Gainers:
Cryptocurrency | Price | Gains +/– |
JasmyCoin JASMY/USD | $0.02973 | +22.1% |
Pepe PEPE/USD | $0.00001065 | +21.3% |
Floki FLOKI/USD | $0.000176 | +21.6% |
CryptoGodJohn pointed out a “classic Bitcoin move.”
What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
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