Leading cryptocurrencies remained flat Tuesday, with Ethereum making modest gains, as falling oil prices boosted sentiment.
Cryptocurrency
Gains +/-
Price (Recorded at 9:45 p.m. EDT)
Bitcoin (CRYPTO: BTC)
-0.28%
$$62,418.83
Ethereum (CRYPTO: ETH)
+1.23%
$2,463.51
Dogecoin (CRYPTO: DOGE)
-0.60%
$0.1087
What Happened: Bitcoin spiked above $63,000 as markets opened, but the gains were reversed quickly, causing the apex cryptocurrency to wobble in the early $62,000 zone.
Ethereum moved sideways for much of the day until a sharp spike overnight pushed it to $2,470.
Total cryptocurrency liquidations hit nearly $140 million in the last 24 hours, with long liquidations accounting for over 60% of the total.
Bitcoin’s Open Interest rose 0.13% in the last 24 hours, indicating the opening of new short positions that may have caused a price decline.
The number of traders placing bearish bets on the coin continued to exceed those gunning for price increases, lending credence to the aforementioned claim.
The Cryptocurrency Fear & Greed remained in the “Neutral” zone as of this writing.
Top Gainers (24-Hours)
Cryptocurrency
Gains +/-
Price (Recorded at 9:45 p.m. EDT)
First Neiro …
Full story available on Benzinga.com