Leading cryptocurrencies dipped on Sunday as investors remain cautious ahead of President Donald Trump’s tariff “Liberation Day.”
Cryptocurrency
Gains +/-
Price (Recorded at 8:45 p.m. ET)
Bitcoin (CRYPTO: BTC)
-1.38%
$81,421.08
Ethereum (CRYPTO: ETH)
-1.80%
$1,782.50
Dogecoin (CRYPTO: DOGE)
-2.66%
$0.1637
What Happened: Bitcoin tumbled below $82,000 during the weekend, a sharp U-turn after hitting nearly $90,000 earlier in the week.
Ethereum also dipped below $1,800 after breaching $2,000 early in the week, marking a 9% decline.
The apex cryptocurrency was down 12.21% in the first quarter, on track to record its worst since 2018. Similarly, Ethereum sank over 45% this quarter. The last time it experienced such struggles was in 2018, when it fell by 46%.
Interestingly, Bitcoin’s dominance reached a 4-year high of 61.2%, indicating increased rotation out of altcoins toward the leading digital asset.
Bitcoin’s Open Interest dropped by 2.85% in the last 24 hours, suggesting weak speculative demand. The percentage of traders positioned short on BTC rose sharply vis-à-vis those betting on its price increase, according to the Long/Short Ratio.
“Fear” sentiment dominated the market, according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
Cryptocurrency
Gains +/-
Price (Recorded at 8:45 p.m. ET)
EOS (EOS)
+10.73%
$0.6
Toncoin (TON)
+5.75%
$3.87
Four (FORM)
+5.11%
$2.30
The global cryptocurrency market capitalization stood at …Full story available on Benzinga.com
