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Bitcoin falls to $39,383 as cryptos turn bearish

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The cryptocurrency market turned bearish on Monday, with market capitalisation losing 2.8 percent to reach $1.92 trillion.

As of 1310 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price slipped 2.61 percent to $39,383. With this decrease in price, the market capitalisation of the biggest crypto has reached $746 billion. Bitcoin has shed 6.6 percent of its value during the last seven days.

Ether (ETH), the world’s second-largest cryptocurrency by market capitalisation, dipped by 3.70 percent to $2,938. With this decrease in price, the market capitalisation of ETH has reached $345 billion.—TLTP

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