Cryptocurrency markets rebounded Tuesday, reversing earlier losses as anticipation builds for Friday's crypto summit at the White House. IntoTheBlock data shows a significant rise in large transaction volume, daily active addresses, and high-value transactions. Bitcoin's price drop last week drove active addresses to their highest level since December. More Crypto Online identifies BTC resistance, with a key breakout at above $95,000. Exchange net flows surged, and nearly three hundred thousand traders were liquidated, totaling close to a billion dollars in losses.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Cryptocurrency markets rebounded Tuesday, reversing earlier losses as anticipation builds
00:07for Friday's crypto summit at the White House.
00:09Into the block data shows a significant rise in large transaction volume,
00:13daily active addresses and high value transactions.
00:17Bitcoin's price drop last week drove active addresses to their highest level since December.
00:22More crypto online identifies BTC resistance with key breakout at about $95,000.
00:27Exchange debt flows surged and nearly 300,000 traders were liquidated,
00:32totaling close to a billion dollars in losses.