Leading cryptocurrencies and stocks fell on Tuesday after U.S. strikes on Iran and the revocation of the oil sanctions waiver rattled investors.
Crypto Rally Stalls
Bitcoin briefly topped $64,000 in the afternoon before surrendering its gains, as trading volume dropped sharply over the past 24 hours
Ethereum followed a similar trajectory, spiking to $1,800 before facing a sharp rejection back to the mid-$1,770 region. XRP and Dogecoin also traded in the red.
Nearly $300 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data
