Leading cryptocurrencies bled alongside stocks on Monday, as new global tariffs and AI disruption fears sparked jitters.
Cryptocurrency
24-Hour Gains +/-
Price (Recorded at 8:25 p.m. ET)
Bitcoin (CRYPTO: BTC)
-1.97%
$63,933.15
Ethereum (CRYPTO: ETH)
-2.17%
$1,835.04
XRP (CRYPTO: XRP)
+0.74%
$1.34
Solana (CRYPTO: SOL)
-1.79%
$77.29
Dogecoin (CRYPTO: DOGE)
+0.69%
$0.09256
Crypto Woes Drag On
Bitcoin slipped below $64,000 as sell-off intensifies and leveraged liquidations jump. The apex cryptocurrency has now fallen nearly 50% from its all-time highs set in October.
Ethereum dropped to an intraday low of $1,813, as trading volume soared 86% in the last 24 hours. XRP and Dogecoin moved sideways.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN), closed down 5.60% and 6.48%, respectively.
Over $466 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for the majority. Bitcoin alone recorded $233 million in liquidations.
Bitcoin’s open interest fell 0.94% over the past 24 hours, although the majority of Binance’s retail …Full story available on Benzinga.com
