Leading cryptocurrencies fell alongside stocks on Tuesday as investors priced in new tariffs and weaker-than-expected economic data.
Cryptocurrency | Gains +/- | Price (Recorded at 9:30 p.m. ET) |
---|---|---|
Bitcoin (CRYPTO: BTC) | -0.96% | $113,860.84 |
Ethereum (CRYPTO: ETH) |
-2.95% | $3,585.53 |
Dogecoin (CRYPTO: DOGE) | -5.68% | $0.1978 |
XRP (CRYPTO: XRP) | -5.01% | $2.93 |
Solana (CRYPTO: SOL) | -3.91% | $162.79 |
Sentiment Switches From Greed To Neutral
Bitcoin tumbled to $112,700 in the morning hours, but rallied overnight to the high $113,00s. Trading volume spiked nearly 13%, suggesting significant sell pressure.
Ethereum recorded a steeper decline, falling to an intraday low of $3,547.62, amid a 9.62% jump in volumes.
Bitcoin’s dominance narrowed to 61.2% while Ethereum’s market share rose to 11.7%.
XRP, the third-largest cryptocurrency by market capitalization, tumbled below $3, losing over 5% in the last 24 hours.
Nearly $358 million was liquidated from the cryptocurrency market in the last 24 hours, with $268 million in bullish longs wiped out. .
Bitcoin’s open interest dipped 0.31% in the last 24 hours, although the majority of Binance Futures traders …