Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout

Bitcoin (BTC) and ether (ETH) were little changed over the weekend as open interest and trading volumes slumped after a $400 million leverage flush out on Friday, dampening market momentum. However, analysts at Presto Research said in a market brief to CoinDesk that they expect market volatility to return in the week ahead with macroeconomic catalysts such as the CPI release on Wednesday, the FOMC meeting on Thursday, and Janet Yellen's speech on Friday. Record leverage build-up on bitcoin futures cost bulls as the market plunged on Friday following the...