Major token prices were little changed over the weekend as bitcoin (BTC) and ether (ETH) held above support levels in the absence of a catalyst that could help sway prices, though interest-rate decisions due later this week may introduce downward pressure.
Markets remained generally tepid, with overall capitalization growing just 0.4% in the past 24 hours, according to CoinGecko data. Crypto futures liquidations clocked in at just $48 million – their lowest level since mid-August – while open interest, or the amount of futures contracts, grew 4%, suggesting a low sentiment.
Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours. The CoinDesk Market Index (CMI) rose 0.3%, mirroring low gains among alternative currencies.
Toncoin (TON) led losses among major tokens, dropping 1% in the past 24 hours, most likely as traders took profits on a 40% increase last week after messaging giant Telegram said it
