Leading cryptocurrencies were little changed Sunday ahead of the trade negotiations between officials of U.S. and China in London.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:15 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +0.14% | $105,734.18 |
| Ethereum (CRYPTO: ETH) |
-0.44% | $2,503.70 |
| Dogecoin (CRYPTO: DOGE) | +0.29% | $0.1882 |
What Happened: Bitcoin spiked above $106,000 in the evening, only to correct to the $105,000 region overnight.
Ethereum experienced a similar trajectory, bumping an intraday high of $2,547.47 before correcting later in the evening.
Bitcoin enjoyed a 63.7% share of the market as of this writing, while Ethereum’s dominance remained above 9%.
About $107 million was liquidated from the cryptocurrency market in the last 24 hours, with nearly equal amounts of longs and shorts wiped out. That said, nearly $350 million worth of bearish bets on Bitcoin risked liquidation if the apex cryptocurrency rallies to $108,000
Bitcoin’s Open Interest dipped by 0.50% in the last 24 hours. Interestingly, nearly 60% of Binance traders with open BTC positions were positioned short, anticipating further downsides.
The “Greed” sentiment showed a reading of 62, …