Bitcoin traded around $76,800 on Monday, down about 1.6% over the past 24 hours but still up 3.3% on the week, as markets digested heightened geopolitical tensions and looked ahead to the Federal Reserve’s upcoming interest rate decision.
Ethereum (ETH) underperformed, falling about 3% over the past 24 hours to trade near $2,275, bringing its weekly losses to 1.6% over the past seven days.
Meanwhile, the total cryptocurrency market capitalization is hovering near $2.64tn, down 1.6% on the day. Daily trading volume is around $96.9bn, according to CoinGecko. Bitcoin’s market dominance is 58.2%, while Ethereum’s hovers at 10.4%.
About $453mn in leveraged crypto positions were liquidated in the past 24 hours, according to CoinGlass. Long liquidations accounted for roughly $283mn, while shorts made up about $170mn. Bitcoin and Ether led the liquidations, with roughly $168mn and $162mn wiped out, respectively.
In the exchange-traded funded (ETF) space, US Bitcoin spot ETFs recorded $14.45mn in inflows on 24 Apr, while Ethereum spot ETFs saw $23.38mn in inflows. XRP spot ETFs posted around $6.44mn in inflows, and Solana spot ETFs recorded about $1.17mn in outflows, according to SoSoValue data.
