Leading cryptocurrencies edged lower alongside stocks on Thursday as President Donald Trump’s warning cast a shadow on Iran negotiations.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:05 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -3.54% | $68,748.12 |
| Ethereum (CRYPTO: ETH) |
-4.66% | $2,065.55 |
| XRP (CRYPTO: XRP) | -3.63% | $1.36 |
| Solana (CRYPTO: SOL) | -5.72% | $86.55 |
| Dogecoin (CRYPTO: DOGE) | -3.96% | $0.09205 |
Crypto Slide As Leveraged Longs Get Liquidated
Bitcoin dipped to $68,100, with trading volume increasing 10% from the previous day. Ethereum also sank below $2,100, while XRP and Dogecoin recorded steeper declines.
Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed down 4.46% and 8.33%, respectively.
Over $330 million in cryptocurrency positions were liquidated in the past 24 hours, with $293 million in bullish long positions alone erased, according to Coinglass data.
Notably, nearly $500 million in Bitcoin shorts on Binance risked liquidation if the apex cryptocurrency rebounds to $71,000
Open interest in Bitcoin futures fell 0.37% in the last 24 hours, while retail and whale traders on Binance increased their long exposure.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:05 p.m. EDT) |
| Stargate Finance … |