Cryptocurrency markets are up on Thursday, reversing a short-lived dip following a ‘hawkish’ press conference by Federal Reserve Chair jerome Powell.

CryptocurrencyTickerPriceBitcoinBTC/USD$118,477.01EthereumETH/USD$3,847.15SolanaSOL/USD$181.23XRPXRP/USD$3.16DogecoinDOGE/USD$0.2229Shiba InuSHIB/USD$0.00001309

Notable Statistics:

IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 7.2% and 4.2%, respectively. Daily active addresses moved higher by 0.4% and 25.8%, respectively.

Coinglass data shows 136,384 traders were liquidated in the past 24 hours for $423.35 million.

SoSoValue data shows net intflows of $47.04 million into spot Bitcoin ETFs on Wednesday…. Read more on Benzinga