Crypto Markets Consolidate Amid Renewed Interest and ETF Inflows

Cryptocurrency markets saw some consolidation on Monday, with Cardano (ADA) trading below $0.260 after an 11% gain the previous week.

Mixed derivatives and on-chain metrics for ADA are flagging caution among traders, while technical indicators still suggest bullish sentiment.

Meanwhile, Dogecoin rallied 11% last week but remains capped below $0.1000 amid renewed institutional interest in the meme coin.

The launch of DOGE-focused Exchange Traded Funds (ETFs) recorded $2.89 million in inflows last week, its largest weekly net inflow since inception.