Editor’s Note: A typographical error in the headline of this story has been corrected.
Leading cryptocurrencies mirrored stock gains on Monday, as investors set aside tariff threats by President Donald Trump.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | +1.77% | $98,005.07 |
| Ethereum (CRYPTO: ETH) |
+3.22% | $2,702.25 |
| Dogecoin (CRYPTO: DOGE) | +3.48% | $0.2574 |
What Happened: Bitcoin rose to an intraday high of $98,333, as the leading cryptocurrency looked to recapture levels above $100,000 lost during the ‘Black Sunday’ crash.
Ethereum broke above $2,700 after stagnating in the $2,600 zone over the weekend.
Cryptocurrency liquidations reached $146 million over the last 24 hours, with short liquidations outnumbering longs.
About $500 million in short positions further risked liquidations if Bitcoin reclaims $101,500.
Bitcoin’s Open Interest rose by 3.46% in the last 24 hours, with more than 53% of BTC futures traders going long on the apex digital asset.
Market sentiment flipped into the “Neutral” zone from “Fear,” according to the Crypto Fear & Greed Index, indicating a market balance.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. ET) |
| Raydium (RAY) | +16.82% | $5.50 |
| Helium … |
Full story available on Benzinga.com