Bitcoin, Ethereum, XRP Gain Slight Monday, Traders Prepare For US Macro Release This Week

• Bitcoin hovers around the $63,000 level on Monday, almost flat during the day.
• Ethereum hovers around the psychologically important $2,500 level as creator Vitalik Buterin pledges 100 Ether to support developer Tornado Cash.
• XRP rises and holds above $0.5300 on Monday, gaining over 1% on the day.

Bitcoin, Ethereum and XRP Updates

• Bitcoin hovers around $63,000 on Monday, a key level for BTC. The asset earns 0.33% per day. According to data from Farside Investors, BTC ETFs saw net inflows of $25.6 million on Friday.
• The Crypto Fear & Greed Index, a metric used to gauge the sentiment of crypto market participants, shows a neutral level after last week’s “greed”.
• Ethereum is trading at $2,471, close to the psychologically important $2,500 level for the altcoin.
• XRP is holding above the $0.5200 support and is trading at $0.5371 on Monday.

Chart of the Day: Dogwifhat (WIF)

Dogwifhat (WIF) ranks among the trending crypto tokens that generated double-digit gains for traders in the past 24 hours, delivering 14.57% gains for holders on the Binance spot markets over the said time frame.

WIF is trading at $2.607 at the time of writing. The meme token could add 13% to its value and rise to the lower bound of the fair value gap (FVG) between $2.935 and $3.220, as seen in the WIF/USDT daily chart below.

Conversely, the meme currency could find support at the 200-day exponential moving average (EMA) at $2.376.

The MACD (Moving Average Convergence Divergence) indicator shows green histogram bars above the neutral line. There is positive momentum underlying the WIF price trend.

WIF/USDT Daily Chart

A daily candlestick close below $2,538 could invalidate the bullish thesis. In this case, WIF could sweep the liquidity to the lower limit of FVG at $2.389.

Market updates

• Vitalik Buterin, the creator of Ethereum, supported the Tornado Cash developer by donating another 100 Ether valued at around $240,000 to Roman Storm’s legal defense fund. This is Buterin’s third contribution and brings his total donation to 327 Ether.
• The Australian Federal Police (AFP) announced last week that they had seized $9.3 million in cryptocurrencies linked to the September 17 organized crime.
• CoinShares analysts note that digital asset investment products saw minor inflows last week. Bitcoin saw minor outflows of $159 million, according to the report.

Industry updates

• Ethereum analyst Anthony Sassano believes that artificial intelligence (AI) agents will use crypto in the future, primarily Ethereum (ETH).

• Tether, the stablecoin project that issues USD Tether (USDT), has released a documentary to celebrate the asset’s 10th anniversary.

• On-chain data shows Vitalik Buterin sold 10 billion MOODENG meme coins worth $822,000 for 308 Ether early Monday. Buterin consistently sold the assets sent to his wallet address.