Crypto Market Steady Amid Trump's Iran Comments
The cryptocurrency market held steady on Tuesday as investors digested President Donald Trump's latest remarks on Iran negotiations.
Bitcoin briefly approached $65,000 but failed to secure a clear breakout, with trading volume falling 12% over the last 24 hours. Ethereum topped $1,900 and consolidated, while XRP and Dogecoin lagged behind.
Cryptocurrency-related stocks sold off, with MSTR and BMNR closing down 5.28% and 2.35%, respectively. Over $200 million was liquidated from the market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data.