Major cryptocurrencies rose on Sunday evening with Bitcoin encountering selling pressure following its recent all-time highs.
What Happened: Following a record-breaking week, Bitcoin encountered a notable increase in selling pressure, marked by a succession of declining lows and unsuccessful recovery attempts.
Throughout the weekend, selling persisted, however, the market optimism seems to recover back as BTC nears $68,000.
In the last 24 hours, CoinGlass data revealed that over 105,344 traders faced liquidation, resulting in a total of $289.28 million in liquidations. The most substantial liquidation occurred on OKX-ETH-USDT-SWAP, with a value of $7.11 million.
Top Gainer (24 Hour)
The global cryptocurrency market cap now stands at $2.60 trillion, showing a 5.85% decrease in the past 24 hours.
Stock futures were little changed on Sunday as Wall Street anticipated insights on monetary policy from the Federal Reserve in the upcoming week.
S&P 500 futures saw a slight uptick of 0.1%. Meanwhile, Dow Jones Industrial Average futures remained near the flatline, and Nasdaq-100 futures ...