The prices of major cryptocurrencies continued to trade lower on Monday with the market cap de-creasing to $1.31 trillion (-3.1 percent) as of 1240 GMT.
The price of Bitcoin (BTC), the largest cryptocur-rency, decreased to $31,202 after shedding 1.63 percent. With this decrease in price, the market capitalisation of the BTC has reached $585 billion.Likewise, ethereum (ETH) price shed 5.73 percent to reach $1,846.
With this decrease in price, the market capitalisation of ETH has reached $215.6 billion.Similarly, XRP shed 3.74 percent to reach $0.566. The market capitalisation of XRP stands at $56.6 billion after this decrease. —TLTP