Leading cryptocurrencies rose alongside stocks on Monday as investors embraced a risk-on mood following the declaration of a peace deal with Iran.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:15 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.22% | $66,245.35 |
| Ethereum (CRYPTO: ETH) |
+4.37% | $1,791.24 |
| XRP (CRYPTO: XRP) | +4.46% | $1.23 |
| Solana (CRYPTO: SOL) | +4.59% | $74.12 |
| Dogecoin (CRYPTO: DOGE) | -0.83% | $0.08790 |
Crypto Market Gains Momentum
Bitcoin extended gains, rising to an intraday high of $67,248 as trading volume jumped 40% over the last 24 hours. Ethereum topped $1.800 while XRP was up 4.5% from the previous day.
Cryptocurrency-related stocks also lifted, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing up 5.78% and 6.21%, respectively.
Over $480 million was liquidated from the market in the last 24 hours, predominantly in short bets, according to Coinglass data. Notably, more than $300 million in Bitcoin short positions were at risk of liquidation if the apex cryptocurrency rose to $70,000.
Meanwhile, Bitcoin’s open interest rose 2.06% in the last 24 hours, suggesting an influx of new money into the futures market.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:15 p.m. EDT) |
| Jito (JITO) | +28.12% | $0.7178 |
| Uniswap (UNI) | +17.13% | $3.01 |
| LayerZero (ZRO) | +15,26% | $1.10 |
The global cryptocurrency market capitalization stood at …
