Bitcoin Crosses $119,000 As Crypto Investors Shrug Off Trump Tariffs On Mexico, EU — Ethereum, Dogecoin Spike: Analyst Says ETH’s Pump ‘Just The Start’
Leading cryptocurrencies rose on Sunday, while stock futures slipped as President Donald Trump slapped new tariffs on Mexico and the European Union.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:15 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.70% | $119,410.06 |
| Ethereum (CRYPTO: ETH) |
+1.34% | $2,985.93 |
| Dogecoin (CRYPTO: DOGE) | +0.37% | $0.1985 |
What Happened: Bitcoin hit a new high above $119,000, extending its record-breaking run that began earlier this week. The trading volume increased 10.29% to $51 billion in the last 24 hours.
Ethereum topped $3,000 in the morning before retreating to the $2,900 area by evening. The second-largest cryptocurrency was on track to finish the week strong, with gains of more than 16% as of this writing.
Over $247 million was liquidated from the market in the last 24 hours, with $142 million of it coming from bearish shorts.
Bitcoin’s open interest spiked 3.58% in the last 24 hours and 15% over the last week, suggesting an influx of fresh money into the derivatives market. Traders on Binance …
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