Leading cryptocurrencies traded flat on Monday amid thin liquidity due to the holiday, while gold and silver declined.

Bitcoin Moves Sideways

Bitcoin pushed to an intraday high of $70,060 but met strong resistance, sending it back to the $68,000 range. The apex cryptocurrency’s trading volume fell 17% from the previous day.

Ethereum crept up to $2,000 overnight, even though trading volume plunged 40% over the last 24 hours. XRP and Solana moved sideways.

Bitcoin’s market dominance shrank to 58.3%, while Ethereum’s share contracted 2.16% to 10.2%.

Over $215 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for the majority…

Read more on Benzinga