Cryptocurrency Market Update: Bitcoin and Ethereum Show Gains Amid Stock Market Turmoil

Leading cryptocurrencies experienced slight gains on Tuesday, even as the stock market reacted negatively to fears surrounding escalating tariff wars.

Cryptocurrency	Gains +/-	Price (Recorded at 7:45 p.m. ET)
Bitcoin (BTC/USD)	+0.72%	$86,615.63
Ethereum (ETH/USD)	+1.51%	$2,159.44
Dogecoin (DOGE/USD)	-0.36%	$0.1976

What Happened: On Tuesday evening, Bitcoin nearly reached $89,000 before losing some of its upward momentum overnight.

Throughout the day, Ethereum showed volatility, fluctuating between a low of $1,996 and a high of $2,220.

Bitcoin maintained a market dominance exceeding 60%, while Ethereum's market share fell below 10%. Over the past 24 hours, approximately $770 million was withdrawn from the cryptocurrency market, erasing around $522 million in bullish bets.

Bitcoin's Open Interest saw a 3.82% decrease within the last 24 hours, yet the number of futures traders opting to take long positions on Bitcoin has surpassed 50%.

The Crypto Fear and Greed Index continues to indicate a state of