Bitcoin declined 1.1% from midnight UTC, while Nasdaq 100 futures moved 0.3% higher, according to data cited by CoinDesk. The move came as the broad burst of weekend altcoin gains lost momentum, with the double-digit advances seen over the weekend stalling. The contrasting performance left crypto markets weaker even as U.S. technology-stock futures pointed modestly upward. Bitcoin remained the main market indicator in the update, while the altcoin rally no longer showed the same pace of gains recorded during the weekend. The report did not provide additional performance details for individual altcoins. The latest move highlights a change in short-term market direction after stronger weekend trading across smaller digital assets.
Source
CoinDesk
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