Without a specific headline driving the markets, the market slid over the weekend. Currently, $BTC is trading at $57,315 down 2.8%, and $ETH is trading at $2,427 down 3.4%. Bitcoin dominance has reached 57.5%.
This week's calendar includes US ISM Manufacturing data on Tuesday, US Jobless Claims data on Friday, and Korea Blockchain Week, which will take place throughout the week.
Key headlines include the SEC warning FTX against repaying creditors in stablecoins and other cryptocurrencies, Telegram revealing it has $400M worth of cryptocurrency on its balance sheet, and an Illuvium developer revealing the project's challenges.
During the last 24 hours, the top three gainers were $AGIX, $HNT, and $USDB, while the top three losers were $PEOPLE, $DOGS, and $PEPE.
