Leading cryptocurrencies came under pressure on Thursday as investors trimmed risk appetite after the market’s recent advances
| Cryptocurrency | Gains +/- | Price (Recorded at 8:25 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.31% | $91,077.15 |
| Ethereum (CRYPTO: ETH) |
-2.16% | $3,104.57 |
| XRP (CRYPTO: XRP) | -2.14% | $2.12 |
| Solana (CRYPTO: SOL) | +1.29% | $138.58 |
| Dogecoin (CRYPTO: DOGE) | -3.04% | $0.1422 |
Crypto Market Loses Steam
Bitcoin dipped below $90,000 in early trading but recovered to hover around $91,000. Trading volume barely increased over the last 24 hours.
Ethereum wobbled in the $3,100 zone, while XRP and Dogecoin also failed to breakout.
Over $400 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with nearly $320 million in bullish bets wiped out.
That said, over $450 million in Bitcoin shorts on Binance risked liquidation if the apex cryptocurrency reclaims $93,000
Meanwhile, Bitcoin’s open interest fell 0.55% in the last 24 hours, although it has climbed 8% since the year began.
Top Gainers (24 Hours)