Leading cryptocurrencies traded flat on Monday amid thin liquidity due to the holiday, while gold and silver declined.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 8:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +0.11% | $68,886.53 |
| Ethereum (CRYPTO: ETH) |
+1.57% | $2,001.73 |
| XRP (CRYPTO: XRP) | +0.76% | $1.48 |
| Solana (CRYPTO: SOL) | +0.76% | $86.86 |
| Dogecoin (CRYPTO: DOGE) | -1.54% | $0.1007 |
Bitcoin Moves Sideways
Bitcoin pushed to an intraday high of $70,060 but met strong resistance, sending it back to the $68,000 range. The apex cryptocurrency’s trading volume fell 17% from the previous day.
Ethereum crept up to $2,000 overnight, even though trading volume plunged 40% over the last 24 hours. XRP and Solana moved sideways.
Bitcoin’s market dominance shrank to 58.3%, while Ethereum’s share contracted 2.16% to 10.2%.
Over $215 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for the majority of the losses.
Bitcoin’s open interest fell by a modest 0.08% over the past 24 hours, while money locked in Ethereum’s derivatives rose by 0.88%.
The “Extreme Fear” sentiment prevailed in the market, according …