Bitcoin, Ethereum, XRP, Dogecoin Spike On Trump-Xi Meeting Optimism: Analyst Says BTC Will Show ‘Strength’ Again After This Crucial Level
Leading cryptocurrencies rallied alongside stocks on Thursday after the White House confirmed a meeting between President Donald Trump and his Chinese counterpart, Xi Jinping.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:25 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +2.08% | $110,412.88 |
| Ethereum (CRYPTO: ETH) |
+1.41% | $3,869.42 |
| XRP (CRYPTO: XRP) | +1.20% | $2.39 |
| Solana (CRYPTO: SOL) | +6.52% | $192.78 |
| Dogecoin (CRYPTO: DOGE) | +2.37% | $0.1951 |
Cryptos In The Green
Bitcoin hit an intraday high of $111,288.59, but failed to push beyond, falling back into the $110,000 zone. Trading volume dropped 30% in the last 24 hours.
Ethereum oscillated in the $3,800-$3,900 range, while trading activity remained on the lower side. XRP and Solana also gained momentum.
Liquidations hit $225 million in the last 24 hours, with over $130 million in bearish shorts positions erased from the cryptocurrency market, according to Coinglass.
Bitcoin’s open interest spiked 2.08% over the last 24 hours to $69.38 billion. However, since the month began, the open interest has plummeted by nearly 17%.
“Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
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