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Guavy AI Editorial Team••Sentiment: -2•Clout: 85

Cryptocurrency Market Dips as US Strikes Iran and Revokes Oil Sanctions Waiver

BTCDOGEXRPDOGETH

The global cryptocurrency market took a hit on Tuesday as investors reacted to the US strikes on Iran and the revocation of the oil sanctions waiver.

BTC fell 0.74% to $63,519.02, while ETH dropped 1.01% to $1,776.71. XRP was down 2.55% at $1.11, and DOGE slid 2.95% to $0.07417.

The market capitalization of cryptocurrencies dipped slightly, reaching $2.2 trillion with a 0.24% increase over the last 24 hours.

CryptoQuant pointed out that supply in loss exceeded 10 million for BTC, long-term holders were selling at a loss, and realized capitalization stood at $1.06 trillion.