Leading cryptocurrencies pared early losses on Monday as DeepSeek concerns weighed on risk-on markets.
| Cryptocurrency | Gains +/- | Price (Recorded at 7:45 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | –0.22% | $102,161.99 |
| Ethereum (CRYPTO: ETH) |
-1.72% | $3,173.62 |
| Dogecoin (CRYPTO: DOGE) | -0.03% | $0.3339 |
What Happened: Bitcoin slipped below $98,000 in the early morning hours before reclaiming the $102,000 level by evening. The leading cryptocurrency navigated choppy waters for most of the day.
Ethereum rose from $3,024 to $3,230 but fell back to the upper $3,100 range late in the evening.
Nearly $700 million was liquidated from the cryptocurrency market over the last 24 hours, with long positions accounting for $537 million.
About $900 million in upside bets risked liquidation if Bitcoin drops to $95,000.
That said, around 58% of traders on Binance were positioned for Bitcoin’s price increases, according to the Long/Short ratio, signaling expectations of a rebound.
Bitcoin’s Open Interest rose marginally by 0.15% in the last 24 hours.
Top Gainers (24-Hours)
| Cryptocurrency | Gains +/- | Price (Recorded at 7:45 p.m. ET) |
| DeXe (DEXE) | +10.03% | $21.58 |
| Hyperliquid (HYPE) | +6.77% | $23.53 |
| Jupiter (JUP) | +6.26% | $1.12 |
The global cryptocurrency …
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