Leading cryptocurrencies retreated alongside stocks on Thursday, amid lingering uncertainty over the Iran conflict.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:20 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.12% | $78,092.54 |
| Ethereum (CRYPTO: ETH) |
-1.78% | $2,323.86 |
| XRP (CRYPTO: XRP) | -0.74% | $1.43 |
| Solana (CRYPTO: SOL) | +0.49% | $85.94 |
| Dogecoin (CRYPTO: DOGE) | +1.30% | $0.09717 |
Crypto Market Cools After Rally
Bitcoin wobbled in the $78,000 zone after teasing $80,000 the day before. Trading volume plunged 23% over the last 24 hours.
Ethereum also consolidated at $2,300, failing to sustain Wednesday’s momentum, while Dogecoin traded upward.
Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 3.84% and 4.03%, respectively.
Over $200 million was liquidated in the past 24 hours, with $126 million in bullish long positions erased, according to Coinglass data.
Open interest in Bitcoin futures fell 3.66% over the last 24 hours to $61.57 billion. Bitcoin’s Long/Short ratio on Binance remained below 1, indicating that derivatives traders were betting on price declines.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:20 p.m. EDT) |
| Stable (STABLE) | +43.22% | $0.03742 |
| Lab (LAB) | +35.83% | $0.7669 |
| Spark (SPK) | +34.25% | $0.05090 |
The global cryptocurrency market capitalization stood at $2.51 trillion, following a drop of 1.62% in the last 24 hours.
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