Leading cryptocurrencies stagnated on Monday, while stocks rallied, as investors digested President Donald Trump’s latest statement on the Iran ceasefire.

Crypto Tokens Dip Overnight

Bitcoin dropped under  $81,000 during evening hours, struggling against firm resistance at $82,000. Ethereum also slid below $2,300, while XRP and Dogecoin moved sideways.

Over $250 million was liquidated in the past 24 hours, predominantly in long positions, according to Coinglass data.

That said, roughly $330 million in Bitcoin shorts were at risk of liquidation if the apex cryptocurrency reclaimed $83,000.

Meanwhile, Bitcoin’s retail and whale traders continued to bet on its price decline, placing more…

Read more on Benzinga