Bitcoin gained, while other leading coins stagnated on Sunday, as the cryptocurrency market attempted a recovery after a rout earlier in the week.
Cryptocurrency
24-Hour Gains +/-
Price (Recorded at 8:50 p.m. ET)
Bitcoin (CRYPTO: BTC)
+1.46%
$70,274.33
Ethereum (CRYPTO: ETH)
-0.48%
$2,078.07
XRP (CRYPTO: XRP)
-0.23%
$1.42
Solana (CRYPTO: SOL)
-1.13%
$86.79
Dogecoin (CRYPTO: DOGE)
-2.17%
$0.09620
Bitcoin Climbs After Bloodbath
Bitcoin consolidated in the $69,000-$71,000 zone over the weekend, after tumbling below $61,000 on Thursday. Trading volume for the apex cryptocurrency fell 32% in the last 24 hours.
Ethereum also oscillated between $2,066 and $2,148, with $2,000 acting as a strong support for the second-largest cryptocurrency. XRP and Dogecoin fell 0.23% and 2,17%, respectively.
Over $336 million was liquidated from the market in the last 24 hours, according to Coinglass, with bearish short bets alone accounting for $236 million.
Bitcoin’s open interest fell 0.94% to $46.07 billion, more than 50% lower than it was at its peak in October.
The “Extreme Fear” sentiment prevailed in the market, according to the Crypto Fear & …Full story available on Benzinga.com
