
US Crypto Perpetuals Go Live but Altcoin Markets Face Liquidity Hurdles
Kalshi launches crypto perpetuals in the US, but shallow depth and spreads may limit altcoin trading to Bitcoin only.
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Original coverage across the crypto market, updated daily.

Kalshi launches crypto perpetuals in the US, but shallow depth and spreads may limit altcoin trading to Bitcoin only.

XRP hovers near $1.10 support with weak volume as traders watch for a breakout.

Analysts caution Bitcoin's price action might be a retest of resistance rather than a genuine recovery.

Glassnode reports Bitcoin's recent rally from $60,000 appears defensive, with inflows and trading volumes still subdued.
Backpack Securities’ SPCX and other SpaceX tokens drive volume on Solana following the rocket maker's Nasdaq listing.

On-chain data reveals a large holder sold $188M before the crash and repurchased at lower prices.

BitMEX co-founder Arthur Hayes cautions that Hyperliquid's use of trading fees to burn tokens exposes it to market share losses.