Leading cryptocurrencies slid alongside stock futures on Sunday evening after the peace talks between the U.S. and Iran collapsed.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m. EDT)
Bitcoin (CRYPTO: BTC) -2.67% $71,134.24
Ethereum (CRYPTO: ETH)
               
-3.53% $2,204.32
XRP (CRYPTO: XRP)                          -1.89% $1.32
Solana (CRYPTO: SOL)                          -3.31% $82.08
Dogecoin (CRYPTO: DOGE)              -1.97% $0.09136

Crypto Market Bleeds

Bitcoin slid below $71,000, accompanied by a 33% jump in 24-hour trading volume. Ethereum also encountered selling pressure, sliding below $2,200, while XRP and Dogecoin traded in the red.

Over $280 million was liquidated in the past 24 hours, predominantly bullish long positions,  according to Coinglass data.

Open interest in Bitcoin futures fell 5.76% in the last 24 hours. However, retail and whale derivatives traders on Binance continued to be long BTC as of this writing.

“Extreme Fear” sentiment dominated the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$1 B) Gains +/- Price (Recorded at 9:15 p.m. EDT)
RaveDAO (RAVE)       +186.34%     $6.04
MemeCore (M)                  +4.25%     $2.86
BUILDon (B)            +1.75%     $0.007961

The global cryptocurrency market …

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