Crypto slides under pressure as stocks wobble on tariff fears
Bitcoin is trading at $62,950, down 4.63%, with $73.93 billion in derivatives volume up 24.09%, market cap at $1.26 trillion, spot volume at $43.63 billion up 0.15%, open interest down 4.14%, and liquidations at $144.90 million.
Ethereum is at $1,822.5, down 4.71%, with $48.50 billion in derivatives volume up 14.73%, market cap at $220.12 billion, spot volume at $23.44 billion up 0.14%, open interest off 3.39%, and liquidations at $96.92 million.
Solana is trading at $76.46, down 4.54%, posting $11.23 billion in derivatives volume up 9.31%, market cap at $43.59 billion, spot volume at $4.92 billion up 0.02%, open interest down 4.82%, and $18.85 million in liquidations.
XRP stands at $1.3279, down 4.58%, with $5.21 billion in derivatives volume up 11.87%, market cap at $81.05 billion, spot volume at $2.27 billion up 0.17%, open interest down 6.36%, and $6.67 million liquidated.
HYPE is at $26.487, down 4.45%, with derivatives volume of $1.38 billion up 32.75%, market cap at $6.83 billion, spot volume at $1.13 billion up 0.13%, open interest down 5.06%, and $10.37 million in liquidations.
Dogecoin trades at $0.09124, down 5.05%, with $2.18 billion in derivatives volume up 21.41%, market cap at $15.42 billion, spot volume at $1.02 billion up 0.37%, open interest down 6.49%, and $2.69 million liquidated.
BNB is at $587.88, down 3.16%, with $1.12 billion in derivatives volume down 2.17%, market cap at $80.19 billion, spot volume at $953.12 million down 0.10%, open interest off 4.87%, and $971,360 in liquidations.
Bitcoin Cash is taking the hardest hit at $480.14, down 11.21%, with $1.16 billion in derivatives volume up 60.16%, market cap at $9.62 billion, spot volume at $624.35 million down 0.22%, open interest plunging 12.26%, and $3.14 million liquidated.
Tether Gold is bucking the trend at $5,146.9, up 0.28%, with $3.13 billion in derivatives volume up 40.25%, market cap at $2.68 billion, spot volume at $531.42 million up 0.50%, open interest up 0.63%, and $560,900 in liquidations.
Sui trades at $0.8563, down 5.34%, with $766.70 million in derivatives volume up 11.70%, market cap at $3.30 billion, spot volume at $458.78 million down 0.15%, open interest off 3.04%, and $1.29 million liquidated.
In Europe, the Stoxx 600 is down 0.3% by mid-morning as traders react to Donald Trump’s latest tariff move. The CAC 40 is up 0.05% at 8,501.78, the FTSE MIB is down 0.36% at 46,530.28, the FTSE 100 is off 0.24% at 10,659.49, the DAX is down 0.08% at 24,972.24, and Spain’s IBEX 35 is lower by 0.73% at 18,155.50.
In the U.S., futures are barely moving after Monday’s selloff. Dow futures are up 33 points, about 0.1%, S&P 500 futures are flat, and Nasdaq 100 futures are up 0.1%.
On Monday, the Dow dropped nearly 822 points, or 1.7%, weighed down by a roughly 13% slide in IBM shares. The Nasdaq Composite fell 1.1%, and the S&P 500 lost about 1%, pushing it into the red for the year as traders reacted to tariff threats of up to 15%, fresh U.S.-Iran tensions, and renewed fears around AI disruption.
