BTC - Bitcoin Ethereum Dogecoin Move Sideways Ahead Of Fed's FOMC Meet: Analyst Says 'Only A Matter Of Time' Before King Crypto Hits $74K | Benzinga
Leading cryptocurrencies maintained sideways movement Sunday evening as investors eyed the Fed's interest rate decision and inflation data for guidance.
What Happened: Bitcoin wobbled in the $69,000 zone after falling sharply on stronger-than-expected jobs data on Friday.
Ethereum witnessed a similar trajectory, with the world's second-largest cryptocurrency consolidating in the $3,600 region.
In the past 24 hours, 26,965 traders were liquidated, with the total liquidations coming in at $41.52 million. Nearly equal amounts of long and short liquidations reflected the flatter trajectory.
The Open Interest in Bitcoin Futures rose 0.60%, mirroring the rise in spot price. On the other hand, Ethereum's OI fell 0.72%.
In the last 24 hours, the number of traders betting on Bitcoin's price decline surged dramatically vis-à-vis those who took long positions, suggesting ...