Bitcoin consolidated, while stocks ended higher on Monday, as investors rotated cautiously back into risk assets.
Cryptocurrency
24-Hour Gains +/-
Price (Recorded at 8:15 p.m. ET)
Bitcoin (CRYPTO: BTC)
-0.37%
$70,109.33
Ethereum (CRYPTO: ETH)
+1.46%
$2,110.66
XRP (CRYPTO: XRP)
+1.09%
$1.44
Solana (CRYPTO: SOL)
+0.07%
$86.93
Dogecoin (CRYPTO: DOGE)
-0.19%
$0.09609
Crypto Market Remains Quiet
Bitcoin moved sideways, even as trading volume for the leading cryptocurrency spiked nearly 25% in the last 24 hours.
Ethereum outperformed Bitcoin on institutional buying, with Bitmine Immersion Technologies Inc. (NYSE:BMNR) purchasing more ETH for its treasury.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and BitMine, closed up 2.60% and 4.79%, respectively.
Over $290 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations exceeding short liquidations.
Bitcoin’s open interest fell 0.20% to $45.96 billion, aligning with the drop in its spot price. Ethereum’s open interest spiked 3.81% over the last 24 hours.
The “Extreme Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
Cryptocurrency (Market Cap>$100 M)
Gains +/-
Price (Recorded at 8:15 p.m. …Full story available on Benzinga.com
