The prices of major cryptocurrencies retreated on Monday amid crackdown on cryptocurrency mining in different countries and the market cap dropped to $1.45 trillion with a decrease of 4.9 percent as of 13:00 GMT.
The price of Bitcoin (BTC), the largest cryptocurrency, decreased to $33,525 after shedding 5.45 percent.
With this decrease in price, the market capitalisation of the BTC has reached $628.5 billion.Likewise, ethereum (ETH) price dipped 4.67 percent to reach $2,213. With this decrease in price, the market capitalisation of ETH has reached $258 billion.
Similarly, XRP shed 6.13 percent to reach $0.652. The market capitalisation of XRP stands at $65.1 billion after this decrease.