Leading cryptocurrencies and stocks rose on Tuesday as the U.S. confirmed that Iran’s truce remains in place despite a flare-up in hostilities.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:25 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +1.26% | $81,222.79 |
| Ethereum (CRYPTO: ETH) |
+0.47% | $2,371.00 |
| XRP (CRYPTO: XRP) | +1.46% | $1.41 |
| Solana (CRYPTO: SOL) | +2.92% | $86.77 |
| Dogecoin (CRYPTO: DOGE) | +3.55% | $0.1147 |
Crypto Market Gains Momentum
Bitcoin attempted to break $82,000 but faced rejection around $81,750. Ethereum nearly broke $2,400, while XRP and Dogecoin recorded noticeable increases in the 24-hour period.
Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed up 1.79% and 1.36%, respectively.
Over $385 million was liquidated in the past 24 hours, with $314 million in short positions alone wiped out, according to Coinglass data.
Open interest in Bitcoin futures rose further by 5.15% over the last 24 hours. That said, retail and whale traders on Binance remained on the bearish side, betting that BTC prices would fall.
Despite the latest spike, “Fear” sentiment returned to the market, 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) |
| LAB (LAB) | +48.68% | $2.61 |
| MemeCore (M) | +34.62% | $3.72 |
| Everything (EV) | +21.98% | $0.001034 |
The global cryptocurrency market capitalization stood at $2.69 trillion, following an increase of 1.50% over the last 24 hours.
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