Bitcoin edged lower on Tuesday morning in Asia to trade below the weekend’s resistance level of US$26,000. Ether dipped to near the US$1,600 mark, while other top 10 non-stablecoin cryptocurrencies traded mixed. XRP posted the biggest gains while Solana led the losers. Digital asset investment products saw a minor outflow last week accompanied by a surge in trading volumes, indicating mixed sentiment among institutional investors. U.S. stock futures traded mixed ahead of regular trading following the long holiday weekend.



Bitcoin dipped 0.57% in the last 24 hours to US$25,804.63 as of 07:30 a.m. in Hong Kong for a weekly loss of 1.15%, according to CoinMarketCap data. The world’s leading cryptocurrency had been trading in the US$26,000 range since Friday. It briefly breached US$28,000 last Tuesday as an apparent victory for Grayscale Investment against the U.S. Securities and Exchange Commission boosted sentiment. That optimism has now cooled.
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Assasinvip
· 2023-09-05 03:27
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