Cryptocurrency and Stock Markets Trade Sideways Amid War Tensions and Regulatory Uncertainty

Cryptocurrencies traded sideways on Tuesday, while stocks declined due to ongoing war in Iran. Bitcoin's price fluctuated between $69,000 and $71,000, Ethereum faced rejection at $2,200, and Dogecoin gained 1.6%. Over $234 million in crypto positions were liquidated, with losses evenly divided between long and short traders. Open interest in Bitcoin futures increased 2.91%. The global cryptocurrency market capitalization stood at $2.43 trillion, a modest increase of 0.16% from the previous day.