Bitcoin, Ether extend losses; G20 eyes global crypto regulation

Bitcoin was trading below US$26,000 on Monday afternoon in Asia, while Ether and all other top 10 non-stablecoin cryptocurrencies posted losses. The market is also under pressure after news that the collapsed FTX crypto exchange may soon liquidate its US$3.4 billion in crypto holdings. Asian equities traded mixed. U.S. futures gained ahead of crucial inflation data release while European bourses gained ahead of the central bank policy meeting later this week.