Bitcoin, Ethereum Slide, XRP, Dogecoin Steady As Iran War Spooks Investors: Popular Chartist Says This Indicator Acting As ‘Ceiling’ For BTC Price
Leading cryptocurrencies slid alongside stock futures and commodities Sunday overnight as the ongoing Middle East conflict kept investors on edge.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -1.46% | $66,289.28 |
| Ethereum (CRYPTO: ETH) |
-0.95% | $1,950.44 |
| XRP (CRYPTO: XRP) | -0.48% | $1.34 |
| Solana (CRYPTO: SOL) | -0.78% | $82.48 |
| Dogecoin (CRYPTO: DOGE) | -0.46% | $0.08957 |
Cryptos Sell Off
Bitcoin tumbled below $65,000 in the evening, while trading volume surged 52% in the last 24 hours. Ethereum also encountered strong selling pressure as the second-largest cryptocurrency gave up gains from earlier in the week.
The cryptocurrency market saw over $340 million in liquidations over the past 24 hours, with nearly $175 million wiped out in just the last 4 hours, mostly from long positions, according to Coinglass data
Open interest in Bitcoin fell 1.14% in the last 24 hours. Even so, whale and retail derivative traders on Binance remained net long on BTC, according to the Long/Short ratio.
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