Leading cryptocurrencies traded flat, while stocks extended their gains on Thursday as Israel says it’s “holding off” future strikes against Iran’s critical energy sites.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:25 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.84% | $70,370.30 |
| Ethereum (CRYPTO: ETH) |
-1.80% | $2,189.10 |
| XRP (CRYPTO: XRP) | -0.39% | $1.45 |
| Solana (CRYPTO: SOL) | -0.65% | $89.47 |
| Dogecoin (CRYPTO: DOGE) | -0.78% | $0.09423 |
Bitcoin Consolidates After Correction
After a steep drop yesterday, Bitcoin stabilized in the $70,000 range, with trading volume staying low. Ethereum also settled around the $2,100 zone after pulling back from $2,300.
Bitcoin’s dominance stood at just over 58%, while Ethereum accounted for 10.7% of cryptocurrency market total capitalization.
Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed down 1.67% and 1.26%, respectively.
Over $400 million was liquidated from the cryptocurrency market over the past 24 hours, predominantly long positions, according to Coinglass data.
Open interest in Bitcoin futures fell 0.36% in the last 24 hours, roughly mirroring the drop in spot price.. Meanwhile, Binance’s derivatives traders, including retail and whale, remained bullish on the leading cryptocurrency.
“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 9:25 p.m. ET) |
| UnifAI Network (UAI) | +46.98% | $0.5999 |
| Zano (ZANO) | +19.77% | $8.67 |
| Kite (KITE) | +13.72% | $0.2133 |
The global cryptocurrency market capitalization stood at $2.44 trillion, following a decline of 3.60% over the last …