$BTC remained rangebound over the weekend. As of now, $BTC is trading at $115,314 and $ETH is trading at $4,604. Bitcoin dominance stands at 57.70%.
All eyes are on this week’s FOMC meeting, where markets expect the Fed to cut its rate by 0.25% for the first time since December, citing a weakening labor market.
A few headlines over the weekend include: the Native Markets team winning the Hyperliquid USDH stablecoin bid, Yala’s Bitcoin-backed stablecoin YU depegging after a security breach led to unauthorized minting, and Tether unveiling USA₮, a U.S.-regulated, dollar-backed stablecoin, with Bo Hines appointed as CEO of Tether USA₮.
During the last 24 hours, the top three gainers were $ATH, $SAROS, and $HASH, while the top three losers were $FORM, $MYX, and $FARTCOIN.
