Global Stock News

Analyst Says People Will Be ‘Surprised’ by Upcoming Bull Cycle

Analyst Says People Will Be ‘Surprised’ by Upcoming Bull Cycle

Leading cryptocurrencies moved sideways, while stock futures slid on Sunday evening amid investor concerns over escalating U.S.-Iran tensions.

Crypto Market Takes A Breather

Bitcoin fluctuated sharply between $63,000 and $64,000 as trading volume rose 18% over the past 24 hours. Ethereum spiked to $1,842 in the late evening before retracing sharply, while XRP and Dogecoin traded sideways.

Over $150 million was liquidated from the cryptocurrency market in the last 24 hours, with $86 million in bullish longs wiped out, according to Coinglass data.

Bitcoin’s open interest fell 0.54% over the last 24 hours, broadly aligning with the drop in spot price. The majority of retail and…

Source link

Share this article

Scroll to Top