Bitcoin, Ethereum, Dogecoin, XRP Jump On Hopes Government Shutdown Will End: Arthur Hayes Predicts BTC ‘2 Da Moon’ As ‘Printing Money’ Begins Again
Leading cryptocurrencies rallied alongside stock futures Sunday overnight amid reports that the 40-day federal shutdown will end.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:15 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +4.33% | $106,340.39 |
| Ethereum (CRYPTO: ETH) |
+7.53% | $3,647.42 |
| XRP (CRYPTO: XRP) | +5.73% | $2.40 |
| Solana (CRYPTO: SOL) | +6.31% | $167.35 |
| Dogecoin (CRYPTO: DOGE) | +3.84% | $0.1820 |
Cryptos End Tough Week On A High
Bitcoin rallied to an intraday high of $106,564.70, with trading volume surging nearly 30% in the last 24 hours. Ethereum also rallied over 7%, ending an otherwise losing week on a strong note.
Bitcoin and Ethereum declined 3.56% and 5.31%, respectively, over the last week.
Meanwhile, Bitcoin’s dominance fell below 60%, while ETH’s market share remained broadly unchanged around 12%.
Nearly $360 million was liquidated from the cryptocurrency market in the last 24 hours, with $258 million in bearish shorts wiped out, according to Coinglass.
Bitcoin’s open interest rose 1.85% while funds locked in Ethereum’s derivatives surged 9.5% over the last 24 hours.
The market sentiment improved from “Extreme Fear” to “Fear,” …
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