BTC remains rangebound within the $117–$118K area, while $ETH continues to outperform. As of now, $BTC is trading at $117,297 and $ETH at $3,757. Bitcoin dominance stands at 60.85%, down 5.83% over the past week.
This week’s calendar includes Powell’s speech on Tuesday, the Fed’s balance sheet release on Friday, and earnings from Tesla, Google, and Intel throughout the week.
A few headlines from the weekend include: CoinDCX, one of India’s largest crypto exchanges, suffered a $44 million exploit; weekly NFT trade volume hit a six-month high; and on Friday, spot Ethereum ETFs recorded a total net inflow of $402 million—outpacing spot Bitcoin ETFs.
Over the last 24 hours, the top three gainers were $CFX, $M, and $AR, while the top three losers were $TKX, $RSR, and $SYRUP.
