After a rangebound market over the weekend, the market continues to slide during Sunday's US hours. $BTC is now trading at $58,713 down 3.6%, and $ETH is trading at $2,553 also down 2.2%.
Over the weekend, notable headlines included BitGo announcing the movement of WBTC custody, the SEC subpoenaing three crypto VCs, and Near launching Chain Signatures.
This week’s calendar includes the CPI release on Wednesday, token unlocks for $APT, $SAND, and $ARB, and the live proposal from Ethena to add SOL as backing for USDe. The market is still keeping an eye on the USD/JPY.
During the last 24 hours, the top three gainers were $T, $ULTIMA, and $GLM, while the top three losers were $MEW, $TURBO, $TIA.