Leading cryptocurrencies climbed alongside stocks on Thursday after President Donald Trump called off “scheduled” strikes on Iran amid hopes for a peace deal.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.84% | $63,246.60 |
| Ethereum (CRYPTO: ETH) |
+1.33% | $1,660.40 |
| XRP (CRYPTO: XRP) | +2.72% | $1.13 |
| Solana (CRYPTO: SOL) | +3.60% | $66.48 |
| Dogecoin (CRYPTO: DOGE) | +2.12% | $0.08570 |
Crypto Market Pops
Bitcoin jumped to an intraday high of $63,850 as buying pressure surged. Ethereum nearly broke through $1,700, while XRP and Dogecoin recorded sharp upticks.
Cryptocurrency-related stocks also rallied, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing up 4.16% and 5.63%, respectively.
Over $260 million was liquidated from the market in the last 24 hours, predominantly in short positions, according to Coinglass data.
Bitcoin’s open interest rose 1.23% in the last 24 hours. Retail and whale derivatives traders with open BTC positions remained “bullish” on the apex cryptocurrency.
Despite the swift gains, “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) |
| Yooldo (ESPORTS) | +137.17% | $0.2179 |
| Velvet (VELVET) | +94.30% | $1.73 |
| SKYAI (SKYAI) | +54.46% | $0.2641 |
The global cryptocurrency market capitalization stood at $2.17 trillion, following an increase …
