Cryptocurrency markets are trading higher, with Bitcoin recording a new all-time high at $94,040, according to Coingecko data.
| Cryptocurrency | Price | Earnings +/- |
| Bitcoin BTC/USD | $93,312.89 | +2.9% |
| Ethereum ETH/USD | $3,122.39 | -0.3% |
| Solana SOL/USD | $243.76 | +2.9% |
| Dogecoin DOGE/USD | $0.4053 | +10% |
| Shiba Inu SHIB/USD | $0.00002537 | +4% |
Notable stats:
- IntoTheBlock data shows significant transaction volume up 102.3% and daily active addresses up 13%. Transactions above $100,000 increased from 8,261 to 11,812 in a single day. Net trade flows are down 192%.
- Data from Coinglass reports that 98,554 traders were liquidated in the last 24 hours for $289.96 million. Open interest reached $59.3 billion.
Notable developments:
Top winners:
| Cryptocurrency | Price | Earnings +/- |
| Bonk BONK/USD | $0.00005573 | +14% |
| Hedera HBAR/USD | $0.1378 | +13.5% |
| Maximus Goat GOAT/USD | $1.17 | +12.8% |
Trader Notes: As Bitcoin prices reach all-time highs of $94,000, crypto trader Jacob Canfield predicts a minimum target of $97,000.
Crypto trader More Crypto Online hopes Bitcoin can advance towards $95,000 and then perhaps $97,000. On the other hand, the trader remains cautious, suggesting this could be a corrective range. He believes that the structure lacks clear direction and dynamics and is therefore very fragile.
Santiment’s data notes that with Bitcoin hitting all-time highs, whale trading and retail FOMO could make “short-term price action unpredictable, but long-term indicators for Bitcoin look quite strong.” .
He also added that in any long-term bull market, dormant coins continually return to circulation.
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