Bitcoin, Ethereum, XRP, Dogecoin Rally Even As Trump Flays Iran’s Response To Proposal: Analyst Says It’s ‘Simple’ For BTC As Long As This Happens

URL has been copied successfully!

Leading cryptocurrencies spiked while stock futures fell Sunday evening as investors reacted to President Donald Trump’s scathing statement on Iran.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m. EDT)
Bitcoin (CRYPTO: BTC) +1.39% $81,695.71
Ethereum (CRYPTO: ETH)
               
+1.82% $2,363.48
XRP (CRYPTO: XRP)                          +3.66% $1.46
Solana (CRYPTO: SOL)                          +3.80% $96.27
Dogecoin (CRYPTO: DOGE)              +3.12% $0.1115

Crypto Market Rallies

Bitcoin surged to $82,430 late evening but met swift rejection. Its trading volume spiked 57% in the past 24 hours. Ethereum fell short of breaking $2,400, while XRP and Dogecoin also recorded sharp spikes.

Over $380 million was liquidated in the past 24 hours, with the majority of that in short positions, according to Coinglass data.

Open interest in Bitcoin futures rose 0.54% over the last 24 hours. That said, Bitcoin’s Long/Short Ratio on Binance stood below 1, indicating most traders were positioned for a price decline.

Market sentiment remained “Neutral” according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:25 p.m. EDT)
Sui (SUI)       +24.36%     $1.33
Cronos (CRO)                    +7.07%     $0.07554
Uniswap (UNI)             +7.07%     $3.98

The global cryptocurrency market capitalization stood at $2.68 trillion, following a dip of 0.40% over the …

Full story available on Benzinga.com

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here