Bitcoin, Ethereum, and XRP remained relatively stable, while Dogecoin declined as President Donald Trump escalated his military rhetoric. An analyst highlighted the importance of the $70,500 price level for BTC. Major cryptocurrencies showed little movement, while stock markets closed lower on Monday following President Donald Trump's suggestion of a "large-scale" operation against Iran. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.05% $76,797.74 Ethereum (CRYPTO: ETH) +0.83% $2,127.26 XRP (CRYPTO: XRP) -0.07% $1.38 Solana (CRYPTO: SOL) +0.37% $85.10 Dogecoin (CRYPTO: DOGE) -1.81% $0.1043 Crypto Enters ‘Extreme Fear’ Bitcoin experienced erratic trading between $76,000 and $77,000, with trading volumes surging 76% over the previous 24 hours. Ethereum also saw rapid fluctuations between $2,078 and $2,155, while Dogecoin dropped nearly 2%. Stocks linked to cryptocurrencies declined, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 6.08% and 5.74%, respectively.Over $300 million was liquidated within the past 24 hours, with long-position traders once again bearing the brunt of the losses, according to Coinglass data. Bitcoin's open interest increased by 1.07% over the last 24 hours. A rise in open interest while prices remain flat typically suggests a potential price breakout. The market slipped into "Extreme Fear," as indicated by the Crypto Fear & Greed Index. Top Gainers (24 Hours) Cryptocurrency (Market Cap>$100 M) Gains +/- Price (Recorded at 9:30 p.m. EDT) OriginTrail (TRAC) +19.77% $0.3874 Centrifuge (CFG) +16.54% $0.2976 Injective (INJ) +14.10% $5.20 The global cryptocurrency market capitalization stood at $2.56 trillion, reflecting a minor increase of 0.03% over the last 24 hours. Read Also: Pay Bitcoin, Sail Through Hormuz? Iran Reportedly Proposes Insurance Platform For Ships Passing Through The Strait Stocks Decline as Hostilities Resume Major stock indices began the week in negative territory. The S&P 500 fell 0.07% to close at 7,403.05, while the tech-heavy Nasdaq Composite dropped 0.51% to end at 26,090.73. The Dow Jones Industrial Average provided a bright spot, gaining 159.95 points, or 0.32%, to settle at 49,686.12. Developments in the ongoing conflict kept investors cautious as Trump stated in a Truth Social post that he had postponed an attack on Iran originally planned for Tuesday, following requests from Gulf leaders. Trump said he has instructed the military to be ready for a "full, large scale assault" if an "acceptable deal is not reached.CryptoQuant, another widely used analytics platform, projected $65,900–$70,500 as the price range for this cycle’s bottom, based on the Bitcoin HODL Waves indicator. This indicator helps identify market peaks and troughs by analyzing how long different groups hold their supply. "If $70,500 holds, we'll slowly grind out a bottom in the upper range. If it breaks, we'll need to re-evaluate lower support structures," CryptoQuant added.
