After a few days of resisting the market-wide price drops, bitcoin has also joined the pack with a 2% drop that drove it to $27,000.
Nevertheless, this attempt didn’t see a lot of success and bitcoin retraced to just under $28,000 where it spent the weekend. Monday started with a similar lack of volatility, but the cryptocurrency started Binance Coin is close to breaking below $200 following a more modest 1.5% daily drop. Ripple’s native cryptocurrency has plummeted below $0.5 as it has lost more than 3% of value within the past 24 hours.
More losses come from the likes of Avalanche and Cosmos. Both are down by over 5% to $9.3 and $6.6, respectively.
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