The altcoin carved out a $0.21 trading range, marking 9% intraday volatility as bearish forces gained control.
Soft demand, low volume and concerns over token distribution weighed on early market sentiment.
The $0.1495 resistance level remains a significant barrier, while $0.144 serves as the last short-term support.
The bitcoin price drop to $80,000 last week reflected a mix of macro pressure, fading regulatory momentum and thinning liquidity that has tested bitcoin’s maturity.
Traders should watch for potential breakdowns below $2.03, which could lead to further declines toward $1.91.
Tom Lee’s company increased its crypto holdings last week despite sitting on around $4 billion in unrealized losses on its ETH bet.
The platform introduces a unified gateway that allows issuers and users to move tokens from any ecosystem into Solana.
Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.
Not all agree with some recent sentiment that stablecoins pose a threat to global financial stability.
This gap could create a “price dislocation” between on-chain and traditional markets, leading to potential losses or arbitrage opportunities.
The divergence emerged when newer nodes accepted a malformed transaction that older nodes rejected.
A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.