Crypto markets stayed choppy on Monday as traders weighed Iran-related geopolitical risk against fresh selling from large corporate Bitcoin holders.
Bitcoin edged up 0.57% to around $63,470, while Ethereum slipped 0.76% to $1,853 and XRP eased 0.48% to $1.07. Dogecoin and Solana also posted modest gains, with live prices continuing to fluctuate throughout the day.
Iran Tensions and Corporate Selling Kept a Lid on Gains
Bitcoin actually touched an intraday high of $64,020 before pulling back to around $62,000.
Part of the pressure came from Strategy Inc. (formerly MicroStrategy), which disclosed selling $105 million worth of Bitcoin, even as its own stock rose 1.69%.
On the geopolitical front, President Trump said talks with Iran remain uncertain and warned that only a “deal” or “total surrender” remained. The uncertainty added to market volatility, with crypto prices reacting despite the lack of crypto-specific news.
Traders Are Betting on Higher Prices, Not Lower
Despite the pullback, the data underneath looks more constructive: over $240 million was liquidated across the market in 24 hours, with short sellers losing more than longs.
Bitcoin’s open interest also rose nearly 2%, which, paired with a rising price, usually signals new buyers stepping in rather than existing holders panicking.
This resilience comes even as an ongoing Coldcard hardware wallet attack has drained nearly $89 million in Bitcoin across multiple waves, unsettling self-custody confidence.
Smaller tokens like Bitway, Akash Network, and Onyxcoin posted double-digit gains, even as the total crypto market cap dipped slightly to $2.2 trillion.
Is This the Bottom? Analysts Are Split
On-chain firm CryptoQuant noted Bitcoin’s sell-side risk ratio has dropped to levels historically tied to “accumulation zones” late in bear markets, but stressed this doesn’t confirm a bottom is in yet.
Meanwhile, analyst Michaël van de Poppe struck a more bullish tone on Ethereum, saying a break above $2,000 could open the door to $2,300.
The CryptoBreakers Take: Nobody’s calling the bottom with confidence yet, and that uncertainty is exactly why the smart move here is watching the data (open interest, liquidations, on-chain signals) rather than reacting to any single headline.
This article is based on market data and reporting from Benzinga. It’s shared for informational purposes only and isn’t financial advice. Crypto prices are highly volatile, so always do your own research before acting.
Source: Bitcoin, Dogecoin Gain; Ethereum, XRP Slide Amid Trump’s Latest Warning
