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Leading cryptocurrencies moved sideways on Sunday, while gold and crude oil spiked amid investor concerns over escalating Middle East tensions.
Crypto Market Holds Steady
Bitcoin endured a volatile weekend, slipping below $64,000 after the U.S. and Israel launched military operations against Iran, but rebounded above $66,000 by Sunday. Ethereum followed a similar path, recovering above $1,900 after a drop below $1,840.
Over $420 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for more than 50% of the total.
Bitcoin’s open interest was largely unchanged over the last 24 hours. Meanwhile, retail and whale traders on…
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