Bitcoin, Ethereum Rangebound, Dogecoin Dips Amid Potential July Tariff Deadline Extension: Analyst Predicts BTC’s ‘Next Big Move’ Once It Breaks Out Of This Range
Leading cryptocurrencies moved sideways Thursday while stocks rallied after the White House signaled that the July tariff deal deadline could be extended.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:30 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.24% | $106,998.37 |
| Ethereum (CRYPTO: ETH) |
-0.16% | $2,421.21 |
| Dogecoin (CRYPTO: DOGE) | -3.06% | $0.1606 |
What Happened: Bitcoin oscillated between the high $106,000s and the low $108,000s as trading volume plunged 14% over the last 24 hours.
Ethereum spiked above $2,500 but reversed trajectory soon, sliding below $2,400 overnight.
Despite a slow June, the two market heavyweights have enjoyed a profitable second quarter as of this writing, with Bitcoin up 29.36% and Ethereum up 32.62%.
More than $232 million was liquidated from the cryptocurrency market in the last 24 hours, with about $145 million in bullish longs erased
Bitcoin’s open interest slid 1.33% in the last 24 hours, even as the majority of Binance traders with open BTC positions remained short.
The “Greed” …
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