Bitcoin is back above $80,000 level, notably outperforming stocks on Monday.

Notable Statistics:

Coinglass data shows 121,511 traders were liquidated in the past 24 hours for $542.80 million.       

SoSoValue data shows net inflows of $629.7 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $101.2 million.

In the past 24 hours, top gainers include SKYAI, Dash and siren.

Notable Developments:

Trader Notes:

Michael van de Poppe argued that attempts to precisely time market bottoms or compare portfolios to recent all-time highs often lead to emotionally driven decisions.

He said both Bitcoin and several altcoins appear undervalued relative to…

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