Leading cryptocurrencies fell on Sunday, but stock futures rose as consumer inflation eased to an 8-month low.

Crypto Market Faces Selling Pressure

Bitcoin slid into the $68,000 region, while the trading volume for the apex cryptocurrency jumped 11% over the past day.

Ethereum also faced significant selling pressure, as the second-largest cryptocurrency fell below $2,000 amid an 80% spike in 24-hour trading volume. Dogecoin plunged more than 8%.

Roughly $325 million was liquidated from the market in the last 24 hours, according to Coinglass, with $240 million in bullish long bets wiped out.

Bitcoin’s open interest fell 2.69% over the past 24 hours, aligning with the drop in spot price. That…

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