Market chopped around the $60k area during the weekend without significant headlines. However, as we headed into the Asia hours, the market slid a bit. $BTC is now trading at $58,446, and $ETH is now trading at $2,612.
Project headlines include $RARE rising 4x since being listed on Binance perps, Justin Sun betting on memecoins with a Tron-based token generator called sunpump, and Circle announcing plans to introduce a "tap-and-go" payment system for USDC–Circle-issued stablecoin on iPhones.
This week’s calendar includes the FOMC statement release on Thursday, the Democratic National Convention happening until Thursday, and the Jackson Hole meeting.
During the last 24 hours, the top three gainers were $PENDLE, $TON, and $MPLX, while the top three losers were $OM, $POPCAT, and $G.