Leading cryptocurrencies slid on Sunday after the U.S. and Iran resumed hostilities after a nearly month-long lull in fighting.
Crypto Market Drops
Bitcoin fell below $77,000 late Sunday before paring its losses, while trading volume surged 48% over the past 24 hours.
Ethereum fell back below $2,400 following an earlier spike to $2,532. XRP and Dogecoin likewise traded lower.
Nearly $400 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data.
