$BTC $USDC $FDUSD

This weekend, tether (USDT) leads as bitcoin’s top trading pair, followed by the U.S. dollar, FDUSD, USDC, and the Korean won. The won makes up 2.09% of all bitcoin trades this weekend. The entire crypto market is currently valued at $3.27 trillion, down 1.61% from yesterday. While BTC lost 1.42% against the dollar, other major coins took bigger hits: XRP dropped over 3%, BNB fell 4.27%, and DOGE dipped 2.25%. FARTCOIN was the day’s biggest loser, plummeting by 15.27%.

Bitget’s BGB token decreased by 12.62%, and the newly minted PENGU dropped 10.90%. On the brighter side, Phala Network (PHA) was the day’s star, gaining 18.26%. Oddly enough, FTX Token (FTT), linked to the now-defunct FTX exchange, jumped by 12.77% against the U.S. dollar. In the derivatives market, the downturn led to $126.39 million in liquidations, with $90.64 million coming from long positions on Sunday.$