Bitcoin, Ethereum, Dogecoin Start July In The Green: 'Still In A Bull Cycle, Boring Is An Opportunity,' Says Trader

Cryptocurrency markets are trading higher, as miner selling is reportedly subsiding.

Notable Statistics:

• IntoTheBlock data notes a drop in Bitcoin's key metrics: a 16% fall in large transaction volume, a 7.7% decrease in daily active addresses and a 114.6% decline in exchanges netflows.
• Coinglass data highlights Bitcoin’s open interest at $33 billion, the highest in more than a week. In the past 24 hours, 37,524 traders were liquidated for $124.3 million.
• Germany witnessed the largest outflows ($28.5 million) by any country, based on CoinShares report. Ethereum witnessed $61 million in weekly outflows this week, making it the worst-performing asset year-to-date in terms of net flows.
• The SEC is suing California lender Silvergate in federal court for securities fraud.

Notable Developments:

• Robinhood Expands AI Capabilities With Acquisition of Pluto Capital
• DOJ Division Chooses Coinbase As Partner To Custody $32M In Assets
• Gaming Giant Sony Jumps Into Crypto With Revamped ExchangeMarathon Digital, Riot Platforms And CleanSpark Are Rising Monday: What’s Going On With Bitcoin Mining Stocks?

Top Gainers: