Leading cryptocurrencies fell Monday as President Donald Trump‘s fresh tariffs on Japan and South Korea spurred risk-off sentiment.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.36% | $108,488.50 |
| Ethereum (CRYPTO: ETH) |
-0.28% | $2,552.85 |
| Dogecoin (CRYPTO: DOGE) | -1.41% | $0.1685 |
What Happened: Bitcoin slipped to an intraday low of $107,527.06 but recovered to $108,000 by late evening. Trading volume rose 18% in the last 24 hours, signaling high selling pressure.
Ethereum wobbled around $2,500, reaching an intraday low of $2,517.90 in the afternoon.
Bitcoin’s market dominance increased to 64.5%, while the shares of Ethereum and other altcoins declined.
In the past 24 hours, 76,424 traders were liquidated, with total liquidations at $164.05 million. More than $115 million in bullish longs were wiped out.
Meanwhile, more than 60% of Binance derivatives traders with open BTC positions were short as of this writing.
The “Greed” sentiment weakened from 73 to 65 in the last 24 hours, according to …