Cryptocurrency markets are trading higher following Federal Reserve Chair Jerome Powell hinting that the time has come for policy to adjust implying a shift towards cutting interest rates. Notable Statistics: IntoTheBlock data shows a 5.1% increase in daily active addresses, while large transaction volume dropped by 1.8%. Currently, 88% of Bitcoin holders are in profit.Coinglass data shows that 51,427 traders were liquidated in the past 24 hours for $125.68 million, $27.16 million out of that being long liquidations.Glassnode data shows that long-term holders have been locking in a consistent …
