Leading cryptocurrencies slid alongside stock futures and commodities Sunday overnight as the ongoing Middle East conflict kept investors on edge.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -1.46% | $66,289.28 |
| Ethereum (CRYPTO: ETH) |
-0.95% | $1,950.44 |
| XRP (CRYPTO: XRP) | -0.48% | $1.34 |
| Solana (CRYPTO: SOL) | -0.78% | $82.48 |
| Dogecoin (CRYPTO: DOGE) | -0.46% | $0.08957 |
Cryptos Sell Off
Bitcoin tumbled below $65,000 in the evening, while trading volume surged 52% in the last 24 hours. Ethereum also encountered strong selling pressure as the second-largest cryptocurrency gave up gains from earlier in the week.
The cryptocurrency market saw over $340 million in liquidations over the past 24 hours, with nearly $175 million wiped out in just the last 4 hours, mostly from long positions, according to Coinglass data
Open interest in Bitcoin fell 1.14% in the last 24 hours. Even so, whale and retail derivative traders on Binance remained net long on BTC, according to the Long/Short ratio.