The crypto market opens the week with a shift in momentum as Bitcoin and Ethereum balances on exchanges decline. Bitmine has accumulated 6,001,302 ETH, representing 4.9% of Ethereum’s supply, while Strategy increased its Bitcoin treasury to 847,666 BTC after purchasing an additional 1,666 BTC for $138 million at an average price of $85,681. XRP trades around $1.52 and Quant (QNT) surged from $70 to $350-370 following The Clearing House’s selection of its technology for a tokenized deposit network processing over $2 trillion daily. Binance listed MarsCoin (MARSCOIN) with SPCXB rewards tied to SpaceX, the token gaining 288% to reach a $170 million market cap. Investors withdrew 34,123 BTC, worth approximately $2.8 billion, from centralized exchanges over the past seven days, while the U.S. economic calendar this week features JOLTS, GDP, the PCE price index, and nonfarm payrolls data.
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