Bitcoin, Ethereum, XRP, Dogecoin Move Sideways Amid Possible US Invasion Of Iran: Analyst Says ‘Billion-Dollar’ Trades Flooding Back To BTC And ETH
Leading cryptocurrencies remained flat, while stock futures fell Sunday evening as investors speculated about a ground invasion of Iran by the U.S.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:25 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.10% | $66,468.59 |
| Ethereum (CRYPTO: ETH) |
+0.04% | $2,004.16 |
| XRP (CRYPTO: XRP) | +0.05% | $1.33 |
| Solana (CRYPTO: SOL) | -0.06% | $82.28 |
| Dogecoin (CRYPTO: DOGE) | +0.51% | $0.09149 |
Crypto Liquidations Spike
Bitcoin dipped under $65,000 late evening before rebounding above $66,000, triggering liquidations of both leveraged longs and shorts.
Ethereum followed a similar pattern, sliding to an intraday low of $1,939.53 before regaining $2,000. Both assets recorded a sharp jump in 24-hour volumes.
Over $313 million in cryptocurrency positions were liquidated in the past 24 hours, with an overwhelming amount of longs wiped out, according to Coinglass data.
Open interest in Bitcoin futures fell 0.75% in the last 24 hours, but retail and whale Binance traders bought the dip, increasing their long exposure to the apex cryptocurrency.
“Extreme Fear” prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency … |
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