Bitcoin, Ethereum, Dogecoin Gain, XRP Dips as Crypto Remains in 'Fear'—Analyst Says BTC in 'End Stage' of

Leading cryptocurrencies gained overnight on Sunday while markets digested the continuing U.S.–Iran impasse over ending the war.

Crypto Bulls Not Yet Sprinting

Bitcoin wavered between $62,650 and $63,300 amid subdued price action, while trading volume rose 3% over the last 24 hours. Ethereum gained momentum later in the evening, accompanied by a 30% surge in volume, but the $1,900 level remained out of reach.

Over $80 million was liquidated from the cryptocurrency market in the last 24 hours, with long position traders losing nearly $50 million, according to Coinglass data.

Bitcoin’s open interest fell 0.29% over the last 24 hours. Smart money sentiment, which refers to the collective outlook  and capital allocation of institutional investors, turned “extremely bearish.”

“Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

The global cryptocurrency market capitalization stood at $2.17 trillion, reflecting a marginal 0.01% decline over 24 hours.

Dow Futures Slip

Stock futures traded mixed overnight on Sunday. The Dow Jones Industrial Average Futures fell 24 points, or 0.04%, as of 8:45 p.m. EDT.  Futures tied to the S&P 500 gained 0.06%, while Nasdaq 100 Futures added 0.17%.