Cryptocurrencies like Bitcoin, Ethereum, XRP, Dogecoin dip ahead of jobs report. Bitcoin at $86,052.02 (-2.92%). $600M liquidated in 24hrs. Sentiment remains "Extreme Fear".
Cryptocurrencies saw a decline in prices on Monday, with Bitcoin dropping by 2.92% to $86,052.02, Ethereum by 3.81% to $2,958.27, XRP by 4.89% to $1.88, Solana by 2.99% to $126.17, and Dogecoin by 4.15% to $0.1294. Bitcoin fell below $86,000 causing a market-wide decrease, including Ethereum dropping below $3,000. XRP and Dogecoin were also down by over 4%. Stocks of crypto-related companies, Strategy Inc. and Coinbase Global Inc., fell by 8.14% and 6.37% respectively. Over $600 million was liquidated from the crypto market in 24 hours, including $505 million in bullish long bets. Bitcoin's open interest fell by 1.88% in the last 24 hours and by over 35% since its all-time highs in October. The market sentiment remains at "Extreme Fear."
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments