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Leading cryptocurrencies dipped alongside stock futures on Sunday as investors assessed President Donald Trump‘s final warning to Iran over the Strait of Hormuz.
Selling Pressure Rises
Bitcoin dived below $68,000 late afternoon but pared losses overnight, while trading volume jumped 13% over the last 24 hours.
Ethereum fell to an intraday low of $2,027, with 24-hour trading volume up 31%. XRP and Dogecoin also traded in the red.
Over $330 million was liquidated from the cryptocurrency market over the past 24 hours, with $241 in long positions obliterated, according to Coinglass data.
Open interest in Bitcoin futures fell 0.21% in the last 24 hours. Meanwhile, Binance’s derivatives…
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