Bitcoin, Ethereum, Dogecoin Rangebound As White House Says Decision On Iran-Israel Conflict In Two Weeks: Analyst Says This Is The ‘Right Combination’ For Bullish BTC Momentum To Return
Leading cryptocurrencies moved sideways on Thursday as investors considered America’s involvement in the Israel-Iran war.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.26% | $104,535.66 |
| Ethereum (CRYPTO: ETH) |
-0.04% | $2,520.74 |
| Dogecoin (CRYPTO: DOGE) | -0.43% | $0.1702 |
What Happened: Bitcoin continued to oscillate in the $104,000-$105,000 range, with trading volumes remaining thin in the last 24 hours.
Ethereum bulls were also left disappointed, as the second-largest cryptocurrency faced resistance at $2,540.
Bitcoin’s market dominance hit 64%, while Ethereum’s share rose to 9.4%.
About $81 million was liquidated from the cryptocurrency market in the last 24 hours, with long liquidations accounting for $46.58 million.
Bitcoin’s Open Interest dipped 0.24% in the last 24 hours to $69.19 billion. Since the beginning of June, the Open Interest has fallen by 3.6%.
More than 50% of Binance traders with open BTC positions were positioned long as of this writing, according to the Long/Short ratio.
The market sentiment flipped from “Greed” to “Neutral,” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 9:20 p.m. … |
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