Bitcoin slips to $46,353 as cryptos turn bearish

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The cryptocurrency market turned bearish on Monday, with market capitalisation shedding 0.6 percent to reach $2.25 trillion.

As of 1415 hours GMT, the largest cryptocurrency Bitcoin’s (BTC) price dipped 0.17 percent to reach $46,353. With this decrease in price, the market capitalisation of the biggest crypto has reached $877.8b.

Bitcoin has shed one percent of its value during the last seven days. Ether, the world’s second-largest cryptocurrency by market capitalisation, inched down by 0.25 percent to reach $3,487.

With this decrease in price, the market capitalisation of ETH has reached $410.3b. ETH has been 6 percent up in the past seven days.—TLTP

 

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