Benzinga verify icon

3h
...

Bitcoin, Ethereum, XRP, Dogecoin Gain Momentum On Renewed Ceasefire Hopes

Bitcoin trades below $70,000 amid hopes for a ceasefire in the U.S.-Iran war.

Notable Statistics:

Coinglass data shows 84,159 traders were liquidated in the past 24 hours for $330.88 million.

SoSoValue data shows net inflows of $8.99 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $71.2 million.

In the past 24 hours, top gainers include Morpho, Ethena and Bonk.

Notable Developments:

Trader Notes: Trader Castillo describes the current environment ascautiously neutral to mildly bullish, with expectations of short-term sideways price action rather than a sharp decline.

Despite some uncertainty, the broader outlook remains stable, with no strong signals…

Read more on Benzinga

1.5K Reads