Alt: Bitcoin, Ethereum, Dogecoin Rise As Investors Shrug Off Trump’s Tariff Order: Analyst Sees ‘Healthier Market Cycle’ As Trader Interest Shifts From Meme Coins To BTC
Leading cryptocurrencies mirrored stock gains on Monday, as investors set aside tariff threats by President Donald Trump.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | +1.77% | $98,005.07 |
| Ethereum (CRYPTO: ETH) |
+3.22% | $2,702.25 |
| Dogecoin (CRYPTO: DOGE) | +3.48% | $0.2574 |
What Happened: Bitcoin rose to an intraday high of $98,333, as the leading cryptocurrency looked to recapture levels above $100,000 lost during the ‘Black Sunday’ crash.
Ethereum broke above $2,700 after stagnating in the $2,600 zone over the weekend.
Cryptocurrency liquidations reached $146 million over the last 24 hours, with short liquidations outnumbering longs.
About $500 million in short positions further risked liquidations if Bitcoin reclaims $101,500.
Bitcoin’s Open Interest rose by 3.46% in the last 24 hours, with more than 53% of BTC futures traders going long on the apex digital asset.
Market sentiment flipped into the “Neutral” zone from “Fear,” according to the Crypto Fear & Greed Index, indicating a market balance.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
| Raydium (RAY) | +16.82% | $5.50 |
| Helium (HNT) | +12.95% | $3.86 |
| Virtuals Protocol (VIRTUALS) | +12.36% | $1.27 |
The global cryptocurrency market capitalization stood at …
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