Leading cryptocurrencies rallied alongside stocks on Wednesday as President Donald Trump’s latest remarks on Iran helped ease geopolitical tensions.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:25 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.40% | $77,786.61 |
| Ethereum (CRYPTO: ETH) |
+1.43% | $2,140.79 |
| XRP (CRYPTO: XRP) | +1.67% | $1.37 |
| Solana (CRYPTO: SOL) | +2.68% | $86.47 |
| Dogecoin (CRYPTO: DOGE) | +1.65% | $0.1044 |
Crypto Market Rallies
Bitcoin broke through the resistance at $78,000, with trading volume rising nearly 6% over the last 24 hours.
Ethereum also rallied overnight, jumping to a high of $2,150, while XRP and Dogecoin recorded noticeable gains.
Cryptocurrency-related also gained, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing up 0.72% and 4.08%, respectively.
Over $260 million was liquidated in the past 24 hours, predominantly in short positions, according to Coinglass data.
Bitcoin’s open interest rose by a modest 0.75%, while retail and whale derivatives traders on Binance remained bullish on the leading cryptocurrency.
The market sentiment improved from “Extreme Fear” to “Fear,” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:25 p.m. EDT) |
| Wrapped HYPE (WHYPE) | +32.40% | $56.85 |
| Jito (JTO) | +31.55% | $0.5410 |
| Block Street (SAHARA) | +25.76% | $1.05 |
The global cryptocurrency market capitalization stood at $2.55 trillion, following a contraction …