Bitcoin's weekend surge to nearly $70,000 failed to hold, resulting in a 2.2% drop to just above $67,000, alongside declines in other major cryptocurrencies such as Ethereum, Toncoin, and Cardano, which fell up to 3%. The market saw over $165 million in long positions liquidated, highlighting a leverage flush. Analysts suggest a rangebound week for BTC and ETH, with both needing to surpass key resistance levels. In contrast, the Simon’s Cat (CAT) token rose 63% following its futures listing on Binance, with trading volume soaring from ~$80 million to over $422 million. The CAT token is linked to the popular Simon's Cat brand, backed by a substantial IP revenue. Market observers predict a lack of major catalysts this week, leading to potential price fluctuations around current levels while awaiting key macroeconomic data on October 24.

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