Leading cryptocurrencies stagnated, while stocks fell on Wednesday due to the Federal Reserve’s interest rate decision and uncertainty surrounding U.S.-Iran peace talks.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +0.13% | $76,338.11 |
| Ethereum (CRYPTO: ETH) |
-0.29% | $2,275.54 |
| XRP (CRYPTO: XRP) | +0.03% | $1.37 |
| Solana (CRYPTO: SOL) | -0.01% | $83.86 |
| Dogecoin (CRYPTO: DOGE) | +7.62% | $0.1072 |
Crypto Liquidations Surge
Bitcoin remained volatile, dropping from an intraday high of $77,884 in the early hours to below $75,000 by afternoon. Trading volume spiked nearly 30% over the last 24 hours.
Ethereum hovered between $2,200 and $2,300 amid strong trading volume, while Dogecoin jumped over 7%.
Shares of Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 4.54% and 6.37%, respectively.
Over $550 million was liquidated in the past 24 hours, with $345 million in long positions erased, according to Coinglass data.
Open interest in Bitcoin futures fell 0.88% over the last 24 hours, and more than 12% over a week. Binance derivatives traders, both retail and whale, stayed “Neutral” on the apex cryptocurrency.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
| SKYAI (SKYAI) | +35.21% | $0.2861 |
| Unibase (UB) | +13.14% | $0.06655 |
| Terra Classic (LUNC) | +10.45% | $0.00006967 |
The global cryptocurrency market capitalization stood at $2.55 trillion, following a drop of 0.02% over the last 24 hours.
Stocks Drag On Fed Decision
Stocks retreated further on Wednesday. The …
