Leading cryptocurrencies recovered on Tuesday, while stocks and commodities remained volatile amid the ongoing Middle East war.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.59% | $70,050.52 |
| Ethereum (CRYPTO: ETH) |
+1.16% | $2,035.55 |
| XRP (CRYPTO: XRP) | +1.34% | $1.38 |
| Solana (CRYPTO: SOL) | +0.85% | $86.04 |
| Dogecoin (CRYPTO: DOGE) | +3.02% | $0.09370 |
Crypto Market’s U-Turn
Bitcoin rebounded as high as $71,700, with trading volume surging 11% in the last 24 hours.
Ethereum spiked to an intraday high of $2,087.99 before easing to $2,035 in the evening. XRP and Dogecoin were up in the green.
Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 0.35% and 1.64%, respectively.
Nearly $300 million was liquidated from the cryptocurrency market over the past 24 hours, predominantly short positions, according to Coinglass data. Moreover, about $490 million in Bitcoin shorts risked liquidation if the apex cryptocurrency rises to $73,000.
Open interest in Bitcoin futures increased 2.58% in the last 24 hours. Both retail and whale derivatives traders on Binance were long BTC as of this writing.
Top Gainers (24 Hours)
