Leading cryptocurrencies declined alongside stock futures on Sunday as investors prepared for the Federal Reserve’s first policy decision of the year.
| Cryptocurrency | Price (Recorded at 8:20 p.m. ET) | |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -2.09% | $87,263.76 |
| Ethereum (CRYPTO: ETH) |
-2.85% | $2,868.72 |
| XRP (CRYPTO: XRP) | -1.58% | $1.87 |
| Solana (CRYPTO: SOL) | -4.72% | $121.10 |
| Dogecoin (CRYPTO: DOGE) | -1.60% | $0.1219 |
Crypto Market In ‘Extreme Fear’
Bitcoin extended losses to fall below $87,000 before recovering some losses in the evening.
Ethereum also sank below $2,800, with trading volume tripling in the last 24 hours, indicating strong selling pressure. XRP and Dogecoin also recorded declines.
Over $600 million worth of levered longs was liquidated from the market in the last 24 hours, according to Coinglass.
Bitcoin’s open interest rose 0.02% in the last 24 hours, while nearly 75% of Binance traders with open BTC positions placed long bets.
“Extreme Fear” sentiment persisted in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 8:20 p.m. ET) |
| River (RIVER … |