Bitcoin and Ether rose on Monday morning in Asia along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization, though most are still trading lower from prices a week ago. Solana led the gainers, bouncing back from a network glitch. The gains in crypto came despite the declines in equities on Wall Street on Friday following the release of data showing inflation remains stubbornly high. The total crypto market capitalization edged 1.9% higher to US$1.08 trillion, while the total trading volume fell by 8.2% over the past 24 hours to US$34.35 billion. (forkast)
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