Bitcoin, XRP, Dogecoin Steady, While Ethereum Dips Amid Middle East Oil Crisis: Analyst Says BTC Approaching 'Potential Launchpad' For Next Bull Cycle - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
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Published on March 20, 2026.
The leading cryptocurrencies traded flat on Thursday, with Bitcoin stabilising in the $70,000 range and Ether settling around $2,100. However, Israel has announced it is delaying future strikes against Iran's critical energy sites. Over $400 million was liquidated from the cryptocurrency market over the past 24 hours, mostly long positions. Open interest in Bitcoin futures fell 0.36% in the last 24 hours. The global cryptocurrency market capitalization stood at $2.44 trillion, following a 3.60% decline over the same period. Iranian Foreign Minister Seyed Abbas Araghchi said they showed restraint after a request for "de-escalation". The Dow Jones Industrial Average slid 203.72 points, or 0.44%, to end at 46,021.43.
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