Decline seen in major crypto tokens
Crypto Price Today
A fall of up to three percent was seen in XRP and Toncoin. At the same time, a decline of up to one percent was also recorded in Dogecoin, Ethereum, BNB and Solana.
Weakness was seen in the crypto market on Monday. The price of Bitcoin fell 1.5 percent to $26,157. At the same time, the price of Ethereum fell below $1,600. Meanwhile, the global cryptocurrency market cap decreased to $ 1.04 trillion. The global cryptocurrency market cap has decreased by 1.16 percent in the last 24 hours.
Know the reason for weakness in crypto market
BuyUcoin CMO Atulya Bhatt said that there was weakness in the market during the weekend and Bitcoin failed to maintain the level of $27,000. Due to the rise in crude oil prices and geopolitical uncertainty, the momentum of the crypto market may be affected in the coming times.
Other crypto tokens also fell
If we talk about other major crypto tokens, a decline of up to three percent was seen in XRP and Toncoin. At the same time, a decline of up to one percent was recorded in Dogecoin, Ethereum, BNB and Solana.
Meanwhile, the world’s largest concrete stock market cap is around $509 billion. According to CoinMarketCap, Joseph’s dominance is around 48.94 percent.
