Bitcoin, Dogecoin Flat, Ethereum Slides After Trump’s Breather On Tech Tariffs: $79,000 Or $97,000? Analyst Predicts Next Moves For BTC
Leading cryptocurrencies traded sideways on Sunday after President Donald Trump’s tariff reprieve on technology products.
Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
Bitcoin (CRYPTO: BTC) | -0.41% | $84,801.98 |
Ethereum (CRYPTO: ETH) |
-1.16% | $1,619.24 |
Dogecoin (CRYPTO: DOGE) | -0.76% | $0.1657 |
What Happened: Bitcoin touched an intraday high of $86,015 before being dragged down by profit-taking. The apex cryptocurrency had a rough start to the week but has recovered, gaining over 7% in the last seven days.
Meanwhile, Ethereum struggled to reclaim $1,700, wobbling in the $1,600 region throughout the week.
Bitcoin maintained a market dominance of more than 62%, while Ethereum’s share fell to 7.3%.
Nearly $340 million was liquidated from the market in the last 24 hours, with over $225 million in long positions erased.
Bitcoin’s Open Interest fell by 5.47% in the last 24 hours. Moreover, the Long/Short Ratio on Binance rose to 0.94, indicating an increase in bullish positioning for the asset.
The market sentiment was one of “Fear,” according to the Crypto Fear …