Bitcoin, Ethereum, XRP Flat, While Dogecoin Slides As Trump Steps Up War Rhetoric : Analyst Flags Significance Of $70,500 For BTC
Leading cryptocurrencies stagnated, while stocks closed lower on Monday after President Donald Trump hinted at a “large-scale” assault on Iran.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.05% | $76,797.74 |
| Ethereum (CRYPTO: ETH) |
+0.83% | $2,127.26 |
| XRP (CRYPTO: XRP) | -0.07% | $1.38 |
| Solana (CRYPTO: SOL) | +0.37% | $85.10 |
| Dogecoin (CRYPTO: DOGE) | -1.81% | $0.1043 |
Crypto Goes Into ‘Extreme Fear’
Bitcoin witnessed volatile trading between $76,000 and $77,000, with volumes soaring 76% over the past 24 hours. Ethereum also experienced rapid swings between $2,078 and $2,155, while Dogecoin fell nearly 2%.
Cryptocurrency-related stocks slipped, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 6.08% and 5.74%, respectively.
Over $300 million was liquidated in the past 24 hours, with long position traders again taking the majority of the losses, according to Coinglass data.
Bitcoin’s open interest rose 1.07% over the last 24 hours. A rise in open interest while prices trade sideways typically indicates a potential price breakout.
The market slipped into “Extreme Fear,” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
| OriginTrail (TRAC) | +19.77% | $0.3874 |
| Centrifuge (CFG) | +16.54% | $0.2976 |
| Injective (INJ) | +14.10% | $5.20 |
The global cryptocurrency market capitalization stood at $2.56 trillion, following a slight increase of 0.03% over the last …
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