Gold, Silver, Bitcoin Gain, While Ethereum, XRP, Dogecoin Lag: Analyst Sees Tests For BTC ‘Definitely On The Cards’ At This Level
Bitcoin gained, while other leading coins stagnated on Sunday, as the cryptocurrency market attempted a recovery after a rout earlier in the week.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 8:50 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.46% | $70,274.33 |
| Ethereum (CRYPTO: ETH) |
-0.48% | $2,078.07 |
| XRP (CRYPTO: XRP) | -0.23% | $1.42 |
| Solana (CRYPTO: SOL) | -1.13% | $86.79 |
| Dogecoin (CRYPTO: DOGE) | -2.17% | $0.09620 |
Bitcoin Climbs After Bloodbath
Bitcoin consolidated in the $69,000-$71,000 zone over the weekend, after tumbling below $61,000 on Thursday. Trading volume for the apex cryptocurrency fell 32% in the last 24 hours.
Ethereum also oscillated between $2,066 and $2,148, with $2,000 acting as a strong support for the second-largest cryptocurrency. XRP and Dogecoin fell 0.23% and 2,17%, respectively.
Over $336 million was liquidated from the market in the last 24 hours, according to Coinglass, with bearish short bets alone accounting for $236 million.
Bitcoin’s open interest fell 0.94% to $46.07 billion, more than 50% lower than it was at its peak in October.
The “Extreme Fear” sentiment prevailed in the market, according to the Crypto Fear & …
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