Leading cryptocurrencies traded flat, while stocks extended their gains on Thursday as Israel says it’s “holding off” future strikes against Iran’s critical energy sites.

Bitcoin Consolidates After Correction

After a steep drop yesterday, Bitcoin stabilized in the $70,000 range, with trading volume staying low. Ethereum also settled around the $2,100 zone after pulling back from $2,300.

Bitcoin’s dominance stood at just over 58%, while Ethereum accounted for 10.7% of cryptocurrency market total capitalization.

Over $400 million was liquidated from the cryptocurrency market over the past 24 hours, predominantly long positions, according to Coinglass data.

Open interest in Bitcoin…

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