Bitcoin (BTC) hovered around $111,500 on Monday, keeping a tight range as traders weigh macro catalysts for cues on positioning.
Ether (ETH) traded near $4,312, XRP (XRP) held $2.96, BNB (BNB) at $880, and Solana's SOL (SOL) climbed to $218. Dogecoin (DOGE) extended its 11.6% weekly gain to 24 cents, outpacing most major cryptocurrencies as the first-ever memecoin ETF looks set to go live for trading in the U.S. on Thursday.
The market tone stayed tentative. “Crypto prices treaded water much of the past week, but with BTC lagging noticeably both vs its peer group as well as vs equities and spot gold,” said Augustine Fan, head of insights at SignalPlus, in a note to CoinDesk, pointing to softer buying in digital asset trusts and a pullback in on-ramp activity at centralized exchanges.
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