Bitcoin is back to $83,000 ahead of Wednesday’s key CPI data release.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $83,141.34 |
| Ethereum | (CRYPTO: ETH) | $2,503.13 |
| Solana | (CRYPTO: SOL) | $107.28 |
| XRP | (CRYPTO: XRP) | $1.36 |
| Dogecoin | (CRYPTO: DOGE) | $0.08418 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055202 |
Notable Statistics:
- Coinglass data shows 156,029 traders were liquidated in the past 24 hours for $727.46 million.
- SoSoValue data shows net outflows of $65.4 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $85.4 million.
- In the past 24 hours, top gainers include Pearl, Bitway and Stacks.
Notable Developments:
- The Math Behind $400,000 Bitcoin By 2029
- Flipping Altcoins to Buy More Bitcoin? Arthur Hayes Says That’s the Plan
- XRP Holds Up Better as Cardano Faces ‘Big Correction’: What Is Going On?
- Bitcoin Back to $83,000 but Why Are Ethereum, Solana, XRP Weak?
- Saylor Cheers Strive’s $280 Million Bitcoin Buy While Strategy Bought 85% Less
- XRP Down 10% in 1 Week but Ripple’s Institutional Adoption Is Growing
- EXCLUSIVE: Tether Co-Founder Names Coinbase, Circle and Robinhood as His Top Blockchain Stocks
Trader Notes:
In Scott Melker’s podcast, Austin Campbell said he sees the recovery as evidence of market resilience, while warning that 24/7 tokenized equity trading, leverage and custody vulnerabilities could introduce new risks as crypto becomes increasingly integrated with TradFi.
Panelists also highlighted Strive’s preferred-equity financing strategy as another example of companies using capital markets to accumulate Bitcoin.
On the other hand, they acknowledged that a deeper Bitcoin correction could pressure these financing models, while Michale Saylor’s leadership creates key-person risk.
Image: Shutterstock
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