Leading cryptocurrencies rallied alongside stocks on Monday after President Donald Trump claimed Iran was willing to make a deal.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +4.38% | $74,262.18 |
| Ethereum (CRYPTO: ETH) |
+7.19% | $2,362.19 |
| XRP (CRYPTO: XRP) | +2.69% | $1.36 |
| Solana (CRYPTO: SOL) | +4.62% | $85.88 |
| Dogecoin (CRYPTO: DOGE) | +2.23% | $0.09335 |
Crypto Market Rebounds
Bitcoin staged a strong recovery after Sunday’s sell-off, nearly rallying to $75,000. Trading volume jumped 80% over the last 24 hours.
Ethereum climbed to an intraday high of $2,368, supported by strong buying pressure, while XRP and Dogecoin also regained lost territory.
Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed up 2.89% and 1.08%, respectively.
Over $530 million was liquidated in the past 24 hours, with short position traders bearing the brunt of the losses, according to Coinglass data.
Open interest in Bitcoin futures spiked 8.66% in the last 24 hours. Interestingly, retail and whale derivatives traders on Binance turned “extremely bearish,” increasing short bets on the apex cryptocurrency.
“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 9:30 p.m. EDT) |
| Genius Terminal (GENIUS) | +216.28% | $0.5501 |
| RaveDAO (RAVE) | +42.20% | $8.11 |
| Four (FORM) … |