Bitcoin, Ethereum, XRP, Dogecoin Spike As Trump Vows To Keep Strait Of Hormuz Open: Analyst Wants Traders To ‘Pay Attention’ To This BTC Level
Leading cryptocurrencies rose alongside stock futures on Sunday as President Donald Trump pressed for a coordinated effort to keep oil exports from the Strait of Hormuz running.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +2.42% | $72,664.81 |
| Ethereum (CRYPTO: ETH) |
+4.52% | $2,180.88 |
| XRP (CRYPTO: XRP) | +3.00% | $1.44 |
| Solana (CRYPTO: SOL) | +4.77% | $92.00 |
| Dogecoin (CRYPTO: DOGE) | +2.24% | $0.09787 |
Crypto Market Sees Relief Rally
Bitcoin spiked during evening hours, with trading volume surging 33% over the past 24 hours.
Ethereum outperformed Bitcoin, reaching an intraday peak of $2,200 amid surging trading volume that signaled strong buying momentum.
Roughly $194 million was liquidated from the cryptocurrency market over the past 24 hours, with short positions worth $145 million evaporated, according to Coinglass data.
Open interest in Bitcoin futures rose 2.92% in the last 24 hours. However, sentiment among retail and whale traders with open BTC positions on Binance remained “Neutral.”
“Extreme Fear” sentiment persisted, according to …
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