Bitcoin, Ethereum, XRP, Dogecoin Rally Even As Trump Flays Iran’s Response To Proposal: Analyst Says It’s ‘Simple’ For BTC As Long As This Happens
Leading cryptocurrencies spiked while stock futures fell Sunday evening as investors reacted to President Donald Trump’s scathing statement on Iran.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:25 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.39% | $81,695.71 |
| Ethereum (CRYPTO: ETH) |
+1.82% | $2,363.48 |
| XRP (CRYPTO: XRP) | +3.66% | $1.46 |
| Solana (CRYPTO: SOL) | +3.80% | $96.27 |
| Dogecoin (CRYPTO: DOGE) | +3.12% | $0.1115 |
Crypto Market Rallies
Bitcoin surged to $82,430 late evening but met swift rejection. Its trading volume spiked 57% in the past 24 hours. Ethereum fell short of breaking $2,400, while XRP and Dogecoin also recorded sharp spikes.
Over $380 million was liquidated in the past 24 hours, with the majority of that in short positions, according to Coinglass data.
Open interest in Bitcoin futures rose 0.54% over the last 24 hours. That said, Bitcoin’s Long/Short Ratio on Binance stood below 1, indicating most traders were positioned for a price decline.
Market sentiment remained “Neutral” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:25 p.m. EDT) |
| Sui (SUI) | +24.36% | $1.33 |
| Cronos (CRO) | +7.07% | $0.07554 |
| Uniswap (UNI) | +7.07% | $3.98 |
The global cryptocurrency market capitalization stood at $2.68 trillion, following a dip of 0.40% over the …