Meme coin and low-caps remain favorite plays among traders as bitcoin investors look to a swift ETF judgment.
Bitcoin and ether traded flat on Monday after a relatively uneventful weekend for crypto majors in the absence of a strong catalyst that could help add buying pressure to a dim market.
The bitcoin lull meant most majors and mid-cap tokens, such as cardano's ADA, solana's SOL and lido moved similarly little, with sudden movements getting sold off quickly and no major declines. “Historically, we need to be aware that surges from speculative assets that really only see minimal development activity , this can often signal that the entire crypto market may be veering toward 'overheated' territory,” Santiment said.
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