The cryptocurrency market reacted mixed to the SEC approving the first everEthereum(CRYPTO: ETH) spot ETFs in the U.S.
| Cryptocurrency | Gains +/- | Price (Recorded 8:30 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | -2.30% | $67,754.62 |
| Ethereum (CRYPTO: ETH) | +0.71% | $3,771.54 |
| Dogecoin (CRYPTO: DOGE) | -4.39% | $0.1585 |
What Happened: The second-largest cryptocurrency, Ethereum, which has been at the center of immense media coverage this week, was trading sideways, whileBitcoinandDogecoinfaced selling pressure.
Around $366 million locked in futures positions was liquidated in the last 24 hours, with longs accounting for 72% of the total. Ethereum recorded $140 million in liquidations, the highest in the period.
Bitcoin's plunge eroded optimism in the futures market, as its Open Interest fell 2.49% in the last 24 hours. Ethereum's Open...
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