Leading cryptocurrencies moved sideways on Thursday, while commodities gained as President Donald Trump weighed a military attack on Iran.

Crypto Market Languishes

Bitcoin extended its sideways movement as trading volumes stayed subdued. Ethereum meandered in the high $1,900s region, awaiting a decisive breakout above $2,000.

Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR)  and Coinbase Global Inc. (NASDAQ:COIN), closed up 3.39% and 1.15%, respectively.

Over $160 million was liquidated from the market in the last 24 hours, according to Coinglass, with $105 million worth of bullish long bets erased.

A further $500 million in Bitcoin longs on Binance risked…

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