Leading cryptocurrencies edged higher Sunday as the market sought to rebound from last week’s losses.
Cryptocurrency
Gains +/-
Price (Recorded at 8:45 p.m. EDT)
Bitcoin (CRYPTO: BTC)
+1.43%
$54,780.48
Ethereum (CRYPTO: ETH)
+1.28%
$2,293.80
Dogecoin (CRYPTO: DOGE)
+0.94%
$0.09593
What Happened: Bitcoin climbed significantly overnight, surpassing $55,000 before retreating to the higher area of $54,000. The leading cryptocurrency was down 4.32% over the past week, led by a steep drop Friday that took it below $53,000.
Ethereum also looked to recoup losses from last week’s plunge below $2,200, inching past $2,300 last evening.
The rally caused the market’s total liquidations to top $100 million in the last 24 hours, with bearish leveraged traders getting the most affected.
Bitcoin’s Open Interest rose 2.02% in the past 24 hours, indicating a surge in expectations of more volatility.
The market’s sentiment improved from “Extreme Fear” to “Fear,” according to the popular Cryptocurrency Fear & Greed Index.
Top Gainers (24-Hours)
Cryptocurrency
Gains +/-
Price (Recorded at 8:45 p.m. EDT)
BitTorrent [New] (BTT)
+19.09%
$0.0000009333
Quant (QNT)
+16.33%
$70.19
Popcat (POPCAT)
+8.81%
$0.5425
The global cryptocurrency market fell below $2 trillion, following a …
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