Leading cryptocurrencies traded flat on Monday amid thin liquidity due to the holiday, while gold and silver declined.
Cryptocurrency
24-Hour Gains +/-
Price (Recorded at 8:20 p.m. ET)
Bitcoin (CRYPTO: BTC)
+0.11%
$68,886.53
Ethereum (CRYPTO: ETH)
+1.57%
$2,001.73
XRP (CRYPTO: XRP)
+0.76%
$1.48
Solana (CRYPTO: SOL)
+0.76%
$86.86
Dogecoin (CRYPTO: DOGE)
-1.54%
$0.1007
Bitcoin Moves Sideways
Bitcoin pushed to an intraday high of $70,060 but met strong resistance, sending it back to the $68,000 range. The apex cryptocurrency’s trading volume fell 17% from the previous day.
Ethereum crept up to $2,000 overnight, even though trading volume plunged 40% over the last 24 hours. XRP and Solana moved sideways.
Bitcoin’s market dominance shrank to 58.3%, while Ethereum’s share contracted 2.16% to 10.2%.
Over $215 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for the majority of the losses.
Bitcoin’s open interest fell by a modest 0.08% over the past 24 hours, while money locked in Ethereum’s derivatives rose by 0.88%.
The “Extreme Fear” sentiment prevailed in the market, according …Full story available on Benzinga.com
