Ether steadies after $540 million sell wave to outperform wider crypto market

Crypto markets remain under pressure despite firmer U.S. equity futures, with ether rebounding toward $2,000 as heavy weekend selling eases as gold leads. What to know : ETH rose 0.43% after trader Garrett Jin moved $540 million to Binance, triggering oversold conditions and a modest rebound. HYPE, ZEC and XMR fell over 3%, DOGE is down 10% in 24 hours, and ZRO has slid 34% in five days. Gold trades at $5,000, down from January highs but outperforming silver and crypto; U.S. markets are closed for a holiday.(Coindesk)