Leading cryptocurrencies fell alongside stocks Sunday overnight after President Donald Trump said he’ll impose 15% global tariffs on U.S. imports.
Cryptocurrency
24-Hour Gains +/-
Price (Recorded at 8:25 p.m. ET)
Bitcoin (CRYPTO: BTC)
-4.43%
$65,064.39
Ethereum (CRYPTO: ETH)
-5.31%
$1,872.10
XRP (CRYPTO: XRP)
-6.63%
$1.33
Solana (CRYPTO: SOL)
-8.04%
$78.37
Dogecoin (CRYPTO: DOGE)
-6.33%
$0.09174
Crypto Market In ‘Extreme Fear’
Bitcoin wobbled between the high $65,000s and the low $68,000s, while trading volume dipped over the last 24 hours.
Ethereum also traded with low volatility, confined to a narrow range just under $2,000. XRP and Dogecoin recorded sharp 24-hour drops.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN), closed up 3.39% and 1.15%, respectively.
Over $300 million was liquidated from the market in the last 24 hours, according to Coinglass, with $290 million in bullish long positions alone wiped out.
Bitcoin’s open interest fell 1.85% over the past 24 hours, while Ethereum’s open interest dipped 4.33%. That said, majority of Binance’s retail and whale investors were long BTC as of this writing.
Bitcoin whales on Bybit and OKX have turned bearish, while those on Binance remain …Full story available on Benzinga.com
