Bitcoin, Ethereum, XRP, Dogecoin Gain Alongside Stock Futures: Analyst Sees BTC Hitting $93,500 On Breakout Above This Level
Leading cryptocurrencies gained on Sunday evening as investors position themselves to capture gains during Christmas week.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:45 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.12% | $89,097.11 |
| Ethereum (CRYPTO: ETH) |
+2.47% | $3,040.84 |
| XRP (CRYPTO: XRP) | +0.02% | $1.93 |
| Solana (CRYPTO: SOL) | +1.27% | $126.91 |
| Dogecoin (CRYPTO: DOGE) | +0.82% | $0.1323 |
Bearish Traders Lose As BTC Lifts
Bitcoin surged overnight but failed to cross the crucial $90,000 barrier. Trading volume for the apex cryptocurrency jumped 48% to nearly $22 billion in the last 24 hours.
Ethereum, meanwhile, recaptured $3,000 after a week’s gap, with trading volume increasing by 65% in the last 24 hours. XRP and Dogecoin were up marginally
Over $180 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with short liquidations accounting for over $100 million.
Bitcoin’s open interest fell 0.54% in the last 24 hours. A price increase, coinciding with a drop in open interest, could be a sign of short …
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