Leading cryptocurrencies pulled back Monday, matching the decline in stocks, as geopolitical tensions mounted.
Cryptocurrency
Gains +/-
Price (Recorded at 8:30 p.m. EDT)
Bitcoin (CRYPTO: BTC)
-0.61%
$62,482.57
Ethereum (CRYPTO: ETH)
-0.81%
$2,436.34
Dogecoin (CRYPTO: DOGE)
-2.46%
$0.109
What Happened: Bitcoin retreated sharply after sailing as highs as $64,400 during early trading hours. The leading cryptocurrency plummeted to the early $62,000s by evening.
Ethereum mirrored the above trajectory, spiking above $2,500 in the morning, to later fall to $2,400 after the stock market closed.
Cryptocurrency liquidations surged, exceeding $214 million in the last 24 hours. Over $140 million placed on bullish bets was wiped out.
The Open Interest in Bitcoin futures dropped 2.87%, further indicating the liquidation of long positions.
The Cryptocurrency Fear & Greed remained in the “Neutral” zone, indicating a balance between market forces.
Top Gainers (24-Hours)
Cryptocurrency
Gains +/-
Price (Recorded at 8:30 p.m. EDT)
First Neiro On Ethereum (NEIRO)
+18.27%
$0.001657
Cat in a dogs world (MEW)
+15.35%
$0.007216
Sui (SUI)
+8.78%
$2.04
The global cryptocurrency stood at $2.17 trillion, following a contraction of 0.61% in the last 24 hours.
Stocks retreated Monday after closing last week on a …
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