Leading cryptocurrencies stagnated on Monday, while stocks rallied, as investors digested President Donald Trump’s latest statement on the Iran ceasefire.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -0.37% | $81,322.16 |
| Ethereum (CRYPTO: ETH) |
-1.64% | $2,322.46 |
| XRP (CRYPTO: XRP) | +0.51% | $1.47 |
| Solana (CRYPTO: SOL) | +0.60% | $96.79 |
| Dogecoin (CRYPTO: DOGE) | -0.72% | $0.1106 |
Crypto Tokens Dip Overnight
Bitcoin dropped under $81,000 during evening hours, struggling against firm resistance at $82,000. Ethereum also slid below $2,300, while XRP and Dogecoin moved sideways.
Cryptocurrency-related stocks rose, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing up 4.45% and 3.83%, respectively.
Over $250 million was liquidated in the past 24 hours, predominantly in long positions, according to Coinglass data.
That said, roughly $330 million in Bitcoin shorts were at risk of liquidation if the apex cryptocurrency reclaimed $83,000.
Meanwhile, Bitcoin’s retail and whale traders continued to bet on its price decline, placing more shorts than longs. Market sentiment remained “Neutral,” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:30 p.m. EDT) |
| BUILDon (B) | +52.91% | $0.6156 |
| Irys (IRYS) | +28.81% | $0.04832 |
| Humanity (H) | +27.59% | $0.2732 |
The global cryptocurrency market capitalization stood at $2.71 trillion, following a dip of 0.56% over the last 24 hours.
Stocks Rally Despite Trump’s Ceasefire Statement
Stocks went higher in record territory. The Dow Jones Industrial Average rallied 95.31 points, or 0.19%, to end at 49,704.47. The …
