Bitcoin, Ethereum Rise, Dogecoin Slips As Market Reacts To Harris’ Crypto Mention: Analyst Believes It’ll Be ‘Game Over’ For Bears If King Crypto Breaches $64K
Leading coins were among the gains Sunday overnight after Democratic presidential nominee Kamala Harris mentioned cryptocurrencies for the first time during her election campaign.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:45 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | +1.13% | $63,890.89 |
| Ethereum (CRYPTO: ETH) |
+0.04% | $2,611.43 |
| Dogecoin (CRYPTO: DOGE) | -1.64% | $0.1077 |
What Happened: Bitcoin broke out of its sideways movement and nearly touched $64,000 as news of Harris’ endorsement started tricking in. The leading cryptocurrency experienced volatile price swings over the past few hours.
Ethereum too breached past $2,600, witnessing a substantial spike in trading volumes.
In the past 24 hours, 53,409 traders were liquidated, with the total liquidations at $131.21 million. Upside bets accounted for $86 million of the total liquidations.
Bitcoin’s Open Interest rose marginally by 0.88% in the last 24 hours to $34.94 billion. The number of traders placing bearish bets on the coin surpassed those going long, as per Long/Short Ratio.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 9:45 p.m. EDT) |
| Helium (HNT) | +13.11% | $7.82 |
| Sui (SUI) | +6.85% | $1.57 |
| Bittensor (TAO) | +5.82% | $493.14 |
The global cryptocurrency market stood at $2.23 trillion, following …
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