Leading cryptocurrencies fell sharply on Monday as investors weighed developments around the Clarity Act and a pause in U.S.–Iran hostilities.
Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:15 p.m.
EDT)Bitcoin (CRYPTO: BTC)-2.98%$63,157.00Ethereum (CRYPTO: ETH) -3.67%$1,873.27XRP (CRYPTO: XRP) -4.60%$1.05Solana (CRYPTO: SOL) -4.09%$73.19Dogecoin (CRYPTO: DOGE) -4.59%$0.06954 Crypto Market Tumbles Bitcoin nearly dived below $63,000 in a sharp evening sell-off, while Ethereum fell to $1,860 as 24-hour trading volume more than doubled.
Over $670 million was liquidated from the cryptocurrency market in the last 24 hours, with $533 million in bullish long positions wiped out, according to Coinglass data Bitcoin’s open interest fell nearly 2% over the last 24 hours.
That said, derivatives traders on Binance stayed net-bullish on the apex cryptocurrency.
