Leading cryptocurrencies retreated alongside stocks on Thursday, amid lingering uncertainty over the Iran conflict.

Crypto Market Cools After Rally

Bitcoin wobbled in the $78,000 zone after teasing $80,000 the day before. Trading volume plunged 23% over the last 24 hours.

Ethereum also consolidated at $2,300, failing to sustain Wednesday’s momentum, while Dogecoin traded upward.

Over $200 million was liquidated in the past 24 hours, with $126 million in bullish long positions erased, according to Coinglass data.

Open interest in Bitcoin futures fell 3.66% over the last 24 hours to $61.57 billion. Bitcoin’s Long/Short ratio on Binance remained below 1, indicating that derivatives traders were…

Read more on Benzinga