Bitcoin, Ethereum and other tokens fall

[ad_1]

SUMMARY

Most cryptocurrencies fell on Monday. The global crypto market capitalization stood at $812.1 billion, with a volume of $21.4 billion in the last 24 hours.

1 / 8

Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, was down slightly to $16,725.8 at last count. Its market value stood at $322.8 billion. The trading volume was $11.6 billion. The token has fallen nearly one percent in the past seven days.

2 / 8

“To regain the initiative, the bulls need to push the price above the $16,800 level. However, we are unlikely to see a quick reversal at this point, as Bitcoin has not yet acquired enough strength,” said Edul Patel, CEO and Co-Founder of Mudrex.

3 / 8

Ethereum | The second largest virtual currency, Ethererum or Ether, fell 0.2% to $1,183.8 with a market capitalization of $145.5 billion. Ethereum’s trading volume was $3.8 billion in the past 24 hours. The token has fallen 5.3% over the past week.

4 / 8

On Ethereum, Patel said, “Ethereum has seen significant exits due to increased selling pressure. Its resistance is currently at the $1,222 level, while support is at the $1,160 level, which could help buyers regain momentum.”

5 / 8

Dogecoin | Meme-based virtual currency Dogecoin fell 1.3% to $0.1. Its market value stood at nearly $10.4 billion. The trading volume was $264.1 million.

6 / 8

solana | Solana plunged 4.6% to $4.6 with a market capitalization of $4.6 billion. Solana’s trading volume was $116.3 million in the past 24 hours.

7 / 8

Shiba Inus | Shiba Inu fell 1.3% with a market capitalization of $4.7 billion. The trading volume was $179.4 million in the last 24 hours.

8 / 8

Polygon | Polygon fell 0.4% to $0.8 with a market capitalization of $7.1 billion. The trading volume was $181.1 million in the last 24 hours.

[ad_2]