Bitcoin, Ethereum, XRP Hold Steady While Dogecoin Dips: Analyst Sees BTC Reclaiming $100,000 This Month If This Happens
Leading cryptocurrencies meandered, while stocks rallied to new highs on Monday amid key political and geopolitical developments.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.09% | $91,251.43 |
| Ethereum (CRYPTO: ETH) |
-0.79% | $3,099.73 |
| XRP (CRYPTO: XRP) | -0.60% | $2.05 |
| Solana (CRYPTO: SOL) | -1.62% | $139.04 |
| Dogecoin (CRYPTO: DOGE) | -1.64% | $0.1367 |
Crypto Momentum Tapers
Bitcoin rose to $92,390 in the early trading hours before losing steam and retreating to $91,000 region. Trading volume nearly doubled over the last 24 hours to $38.78 billion.
Ethereum traded in a tight band around $3,000, while volume surged 66% to $19.73 billion.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR), closed up 3.11% and 3.56%, respectively
Benzinga Edge delivers real-time stock alerts, trade ideas, and professional investing tools to help you navigate the market. Find out more about MSTR and BMNR here.
Over $230 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with over 50% accounting for long liquidations.
Bitcoin’s open interest fell …
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