Markets: Bitcoin, Ethereum up, Cardano leads gains

Bitcoin and Ethereum prices were little changed on Monday morning in Asia along with most non-stablecoin top 10 cryptocurrencies by market capitalization. Cardano led gains with 1.65% while BNB lost most with 0.96%.

Fast facts

• Bitcoin was up 0.4% to US$16,603 in the 24 hours to 9:00 a.m. in Hong Kong on Monday, after dropping 1.38% in the last seven days. Ethereum was up 0.26% to US$1,198 and has dropped 1.63% over the past week, according to CoinMarketCap.
• Cardano gained the most at 1.65% to trade at US$0.2489.
• BNB, the native token of top cryptocurrency exchange Binance, led losses and was down 0.96% in the last 24 hours to trade at US$243. U.S. authorities are reportedly reviewing Binance.US’s attempt to acquire bankrupt digital assets brokerage Voyager Digital.
• U.S. equity markets closed lower on the final trading day of 2022 last Friday. Nasdaq Composite was down 0.11% while S&P 500 closed 0.25% lower on Friday.
• U.S. and Hong Kong markets are closed on Monday for New Year’s Day.
• OKB, the utility token of Seychelles-based cryptocurrency exchange OKX, gained close to 15% during Asia trading hours on Monday. OKT, the native token of the exchange’s blockchain OKX Chain, increased 13%.