Bitcoin, Ethereum, XRP, Dogecoin Drop Amid Trump’s Iran Ultimatum: Analyst Says This Is A ‘Good Zone To Accumulate’

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Leading cryptocurrencies dipped alongside stock futures on Sunday as investors assessed President Donald Trump‘s final warning to Iran over the Strait of Hormuz.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m. ET)
Bitcoin (CRYPTO: BTC) -1.32% $68,093.63
Ethereum (CRYPTO: ETH)
               
-1.41% $2,060.46
XRP (CRYPTO: XRP)                          -1.76% $1.38
Solana (CRYPTO: SOL)                          -1.08% $86.52
Dogecoin (CRYPTO: DOGE)              -0.72% $0.09081

Selling Pressure Rises

Bitcoin dived below $68,000 late afternoon but pared losses overnight, while trading volume jumped 13% over the last 24 hours.

Ethereum fell to an intraday low of $2,027, with 24-hour trading volume up 31%. XRP and Dogecoin also traded in the red.

Over $330 million was liquidated from the cryptocurrency market over the past 24 hours, with $241 in long positions obliterated, according to Coinglass data.

Open interest in Bitcoin futures fell 0.21% in the last 24 hours. Meanwhile, Binance’s derivatives traders, including retail and whale, stayed long 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 9:25 p.m. ET)
siren (SIREN)     +160.51%     $2.42
Banana For Scale (BANANAS31)                   +46.90%     $0.01355
Tria (TRIA)            +29.95%   …

Full story available on Benzinga.com

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