Leading cryptocurrencies fell alongside stock futures on Wednesday evening after President Donald Trump said the U.S. will continue its military campaign against Iran until the objectives are “fully achieved.”
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:35 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.92% | $67,269.45 |
| Ethereum (CRYPTO: ETH) |
+0.26% | $2,100.16 |
| XRP (CRYPTO: XRP) | -0.72% | $1.32 |
| Solana (CRYPTO: SOL) | -4.22% | $79.42 |
| Dogecoin (CRYPTO: DOGE) | -1.72% | $0.09028 |
Crypto Market Retraces
Bitcoin slid below $67,000 late evening, while Ethereum pulled back below $2,100. Other major cryptocurrencies were also sent lower.
Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed down 1.62% and 0.46%, respectively.
Nearly $350 million in crypto positions were liquidated in the past 24 hours, with bullish long traders bearing the brunt of the losses.
Open interest in Bitcoin futures fell 2.29% in the last 24 hours, although retail and whale Binance traders were still net long on the leading cryptocurrency.
“Extreme Fear” persisted in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded … |