The cryptocurrency market surged following news of a new U.S.-U.K. trade agreement, according to Benzinga. The rally pushed Bitcoin above $100,000 and sparked rallies across Ethereum, XRP, and Dogecoin. Blockchain data firm IntoTheBlock reported a 2.3% increase in large transaction volume and an 8.7% rise in daily active addresses. Transactions over $100,000 climbed by nearly 1,000 in a day. Coinglass recorded $583 million in liquidations over 24 hours, mostly short positions, marking the highest level since April 22. Crypto analysts expect a strong altcoin rally as Bitcoin consolidates above $100,000, with declining BTC dominance and bullish signals confirming renewed market strength.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The cryptocurrency market surged following news of a new U.S.-U.K. trade agreement,
00:07according to Benzinga. Rally pushed Bitcoin above $100,000 in spark rallies across Ethereum,
00:12XRP, and Dogecoin. Blockchain data firm Into the Block reported a 2.3% increase in large
00:18transaction volume and an 8.7% rise in daily active addresses. Transactions over $100,000
00:23climbed by nearly $1,000 a day. Coinglass reported $583 million in liquidations over 24 hours,
00:29mostly short positions, marking the highest level since April 22.
00:33Crypto.com is a strong altcoin rally as Bitcoin consolidates above $100,000 with declining
00:38BTC dominance and bullish signals confirming renewed market strength.
00:42For all things money, visit Benzinga.com slash GSTV.