Bitcoin, Dogecoin Muted, Ethereum Gains Amid Stocks Rebound: Analyst Says ETH Surpassing BTC’s Returns Inevitable — ‘The Beast Will Take Over And Continue To Outperform’
Leading cryptocurrencies remained flat Tuesday, with Ethereum making modest gains, as falling oil prices boosted sentiment.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:45 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | -0.28% | $$62,418.83 |
| Ethereum (CRYPTO: ETH) |
+1.23% | $2,463.51 |
| Dogecoin (CRYPTO: DOGE) | -0.60% | $0.1087 |
What Happened: Bitcoin spiked above $63,000 as markets opened, but the gains were reversed quickly, causing the apex cryptocurrency to wobble in the early $62,000 zone.
Ethereum moved sideways for much of the day until a sharp spike overnight pushed it to $2,470.
Total cryptocurrency liquidations hit nearly $140 million in the last 24 hours, with long liquidations accounting for over 60% of the total.
Bitcoin’s Open Interest rose 0.13% in the last 24 hours, indicating the opening of new short positions that may have caused a price decline.
The number of traders placing bearish bets on the coin continued to exceed those gunning for price increases, lending credence to the aforementioned claim.
The Cryptocurrency Fear & Greed remained in the “Neutral” zone as of this writing.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 9:45 p.m. EDT) |
| First Neiro … |
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