BTC Ends Losing Streak; StepN Faces Multiple DDoS Attacks
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Over the weekend, the broader crypto market saw a slight uptick in trading volumes. BTC ended its nine-week losing streak by closing 1.5% higher than it opened a week ago. The largest crypto by market cap has gained more momentum on Monday morning (Asian trading hours). As of the time of writing, BTC is stabilizing above the $31k level after rising by 5% in a matter of hours. However, some analysts believe that BTC's price action will remain weak until it can establish a stronger foothold above the $31k-$32k range. Meanwhile, a significant volume has been transferred to exchanges over the weekend, while exchange inflow CDD hits a 17-month high.