Leading cryptocurrencies moved sideways, while stocks rose further on Thursday, as traders pinned their hopes on an Iran ceasefire.

Crypto Recovery Stalls

Bitcoin failed to hold gains above $78,000, while Ethereum stalled near $2,150 as major cryptocurrencies remained flat.

Roughly $100 million was liquidated in the past 24 hours, evenly split between long positions and short positions, according to Coinglass data.

Bitcoin’s open interest fell 2.25% over the last 24 hours. Interestingly, the majority of retail and whale traders on Binance were positioned long on the apex cryptocurrency.

“Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24…

Read more on Benzinga