cryptoupdate
Contributor
Bitcoin and ETH are steady, while altcoins are on the rise.
On Monday morning in Asia, Bitcoin saw a decline, settling at approximately $26,500, while Ether experienced a slight drop but managed to remain above its $1,600 support threshold. Among the top 10 non-stablecoin cryptocurrencies, most registered losses, with Toncoin being the most affected, plunging by over 4%.FTX, the bankrupt cryptocurrency exchange, has been granted court approval to liquidate its cryptocurrency assets, valued at approximately $3.4 billion. This move could potentially increase selling pressure in the cryptocurrency market, particularly among altcoins, for the remainder of the year. At the same time, U.S. stock futures exhibited slight gains as investors awaited the Federal Reserve's upcoming interest rate decision. Wall Street concluded Friday's session on a downward trajectory, driven by mixed U.S. economic data that tempered investor risk appetite. Read More latest crypto news