Bitcoin, ether rebound after weekend low-liquidity rout: Crypto Markets Today
The crypto market experienced a low liquidity sell-off over the weekend, driving bitcoin to as low as $74,674 and ether to $2,164, though both found support at levels not seen since between April and June last year and are now up around 1% since midnight UTC.
The selloff erased $290 billion worth of crypto market cap since the start of Saturday as the slide intensified over the course of the weekend.
U.S. equities are lower in pre-market trading with S&P 500 index futures down 0.58% and Nasdaq 100 futures down by 0.85% as risk assets fell across the board.
Gold and silver cooled after hitting record highs last week, each losing about 3.5% since midnight.
“The silver bubble well and truly popped on Friday after…
