Bitcoin, Dogecoin, Solana Rise — Ethereum Falls: BTC Correcting, But Potential For Growth Intact If Demand Holds, Says Analyst
Leading cryptocurrencies traded higher alongside stock futures on Monday, as investors parsed the recent appeals court decision that termed President Donald Trump’s tariffs unconstitutional.
Cryptocurrency | Gains +/- | Price (Recorded at 10:35 p.m. ET) |
---|---|---|
Bitcoin (CRYPTO: BTC) | +1.78% | $109,543.04 |
Ethereum (CRYPTO: ETH) |
-1.00% | $4,338.86 |
XRP (CRYPTO: XRP) | +1.28% | $2.77 |
Solana (CRYPTO: SOL) | +0.89% | $200.01 |
Dogecoin (CRYPTO: DOGE) | +0.32% | $0.2111 |
Bitcoin Fails To Cross $110,000
Bitcoin oscillated between $107,900 and $109,900 throughout the day, with trading volume increasing by 32% over the last 24 hours. The leading cryptocurrency was down 12% from its all-time high set nearly three weeks ago.
Bitcoin struggled in August, falling 6.49%, compared to its historical average gain of 1.14% for the month.
Ethereum slipped to an intraday low of $4,221, marking a sharp 12.43% pullback from its highs recorded last week. Solana traded up 0.89% in the previous 24 hours.
Over $420 million was liquidated from the cryptocurrency market in the last 24 hours, with nearly $310 million in bullish longs wiped out.
Bitcoin’s open interest rose 1.39% in the last 24 hours, but fell 2.49% over the last month. …