The cryptocurrency market turned bearish on Monday after two-day rally, with market capitalisation shedding 1.5 percent to reach $2.15 trillion.
As of 1335 hours GMT, the largest cryptocurrency Bitcoin’s price inched down by 0.22 percent to reach $42,583. With this decrease in price, the market capitalisation of the biggest crypto has reached $806.1 billion.
Ether, the world’s second-largest cryptocurrency by market capitalisation, also went down slight by 0.5 percent to reach $3,265. With this decrease in price, the market capitalisation of ETH has reached $384.2 billion. Ether tested $3,000 last week but managed to make gains lately.—TLTP
