Bitcoin, Ethereum, XRP, Dogecoin Steady After Iran Ceasefire Extended: Analyst Says BTC May Establish Bottom Around This Time Frame

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Leading cryptocurrencies held steady, while stock futures lifted Tuesday evening after President Donald Trump extended the ceasefire with Iran indefinitely.

Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m. EDT)
Bitcoin (CRYPTO: BTC) +0.22% $76,357.94
Ethereum (CRYPTO: ETH)
               
+0.06% $2,325.09
XRP (CRYPTO: XRP)                          +0.09% $1.43
Solana (CRYPTO: SOL)                          +0.72% $86.36
Dogecoin (CRYPTO: DOGE)              -0.49% $0.09521

Crypto Market Consolidates

Bitcoin oscillated between $74,800 and $76,800, while trading volume remained muted. Ethereum also wobbled in the $2,300 region, while XRP and Dogecoin saw subdued activity.

Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 4% and 7.41%, respectively.

Nearly $270 million was liquidated in the past 24 hours, nearly evenly split between long and shorts, according to Coinglass data. About $600 million in Bitcoin shorts were at risk of liquidation if the apex cryptocurrency reclaimed $80,000.

Open interest in Bitcoin futures fell 0.05% over the last 24 hours. Whale and retail traders on Binance continued to be bearish on BTC, evidenced by higher number of shorts vis-à-vis longs.

Top Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:15 p.m. EDT)
RaveDAO (RAVE)       +35.62%     $1.47
Meteora (MET)                  +34.03%     $0.1977
MemeCore (M)            +22.93%     $4.29

The global cryptocurrency market capitalization stood at $2.56 trillion, following a modest increase of 0.26% in the last 24 hours.

Stock Futures Spike

Stock futures rallied on Tuesday …

Full story available on Benzinga.com

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