Bitcoin, Ethereum Rise, Dogecoin Slips As Market Reacts To Harris’ Crypto Mention: Analyst Believes It’ll Be ‘Game Over’ For Bears If King Crypto Breaches $64K

Leading coins were among the gains Sunday overnight after Democratic presidential nominee Kamala Harris mentioned cryptocurrencies for the first time during her election campaign.

Cryptocurrency
Gains +/-
Price (Recorded at 9:45 p.m. EDT)

Bitcoin (CRYPTO: BTC)
+1.13%
$63,890.89

Ethereum (CRYPTO: ETH)
               
+0.04%
$2,611.43

Dogecoin (CRYPTO: DOGE)          
-1.64%
$0.1077

What Happened: Bitcoin broke out of its sideways movement and nearly touched $64,000 as news of Harris’ endorsement started tricking in. The leading cryptocurrency experienced volatile price swings over the past few hours.

Ethereum too breached past $2,600, witnessing a substantial spike in trading volumes.

In the past 24 hours, 53,409 traders were liquidated, with the total liquidations at $131.21 million. Upside bets accounted for $86 million of the total liquidations.

Bitcoin’s Open Interest rose marginally by 0.88% in the last 24 hours to $34.94 billion. The number of traders placing bearish bets on the coin surpassed those going long, as per Long/Short Ratio.

Top Gainers (24-Hours)

Cryptocurrency
Gains +/-
Price (Recorded at 9:45 p.m. EDT)

Helium (HNT)
+13.11%
$7.82

Sui (SUI)
+6.85%
$1.57

Bittensor (TAO)
+5.82%
$493.14

The global cryptocurrency market stood at $2.23 trillion, following …

Full story available on Benzinga.com

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