Cryptocurrency markets are trading lower on Friday after a $1.4 billion hack on Bybit dragged down the market.

CryptocurrencyPrice   Gains +/-Bitcoin BTC/USD$95,385.38-3.1%Ethereum ETH/USD$2,634.96-4.3%Solana SOL/USD$168.78-3.5%XRP XRP/USD$2.52-6.9%Dogecoin DOGE/USD$0.2400-5.6%Shiba Inu SHIB/USD$0.00001494-4%

Notable Statistics:

IntoTheBlock data shows large transaction volume increasing by 12.3% and daily active addresses growing by 4%. Transactions greater than $100,000 are up from 9,587 to 9,988 in a single day. Exchanges netflows are up by 105.3%.

Coinglass data reports 188,950 traders were liquidated in the past 24 hours for $551.47 million.

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