Crypto Markets Rebound Despite Ongoing Middle East Tensions
Bitcoin, Ethereum, and Solana post gains as investors regain risk appetite.
The cryptocurrency market opened the week in the green, rebounding from last week’s losses driven by rising geopolitical tensions in the Middle East.
Bitcoin (BTC) is up 3% on the day to $108,400, while Ethereum (ETH) spiked 4% to $2,652. XRP increased by 7% in the past 24 hours to $2.32, and Solana (SOL) rose by nearly 4% to $158.
The total cryptocurrency market capitalization increased by 1.1% in the past 24 hours to $3.52 trillion. Leveraged liquidations surged to $245 million during the same period, with BTC accounting for $76 million, according to CoinGlass. ETH followed with $75 million in liquidations, while altcoins recorded around $19 million.
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