Crypto Starts Week in Red: BTC, ETH, ADA, XRP and More Drop Deeper

After last week’s sharp drop, the crypto market held up somewhat over the weekend. However, most prices are falling again this morning and a handful are taking another big hit. Total market capitalization is down 1.5% to $1.2 trillion.

Bitcoin continues to fall

Bitcoin (BTC) started falling sharply again this morning and is trading at around $27,300 at the time of writing. The BTC price is therefore 1.5% down today and is in a crucial price zone. It can therefore still be exciting for bitcoin this week.

Ethereum drops a little harder again

However, Ethereum (ETH) is already falling a little harder this morning and just briefly dipped below $1,830. At the time of writing, the ETH price is around $1,840, down 1.8% today. Meanwhile, it looks like ETH stakers have been staking more ETH since the Shapella update.

Crypto top 10 turns red, polygon drops the hardest

The rest of the top 10 also turns red again. Binance coin (BNB) is once again holding up relatively stronger, falling just 0.7% to $329. Polkadot (DOT) is down 0.9% to $5.91. Ripple (XRP) is already down 1.9% and is dropping to $0.46. Dogecoin (DOGE) loses 2.1% of its value and ends up around $0.0786.

However, Cardano (ADA) is already down 2.5% and it is down to USD 0.385. Solana (SOL) is down as much as 3.5% to $21.4. Polygon (MATIC) is the biggest loser out of the top 100 today, dipping below $1 for the first time in other half a month to $0.99 and down 4%.

Hardest fallers crypto top 100

The top 100 is also mainly colored red. Bittorrent (BTT), axie infinity (AXS), terra luna classic (LUNC), casper (CSPR), fantom (FTM), pancakeswap (CAKE), trust wallet (TWT) and internet computer (ICP) are all about 4 % down today.

Read Also:  Founder's Tears: Crypto Crash Wipes Out 90% Value in Livestream

Okb (OKB) and neo (NEO) are already down more than 5%. Gmx (GMX) and baby doge coin (BABYDOGE) are 6% in the red. Radix (XRD) and zilliqa (ZIL) are down more than 7%. Arbitrum (ARB) is even down 9% and drops to $1.31. Injective is the biggest loser today, falling as much as 12% to $6.48.

BGB & KAS are the only ones in green

Still, we have two green exceptions in the top 100 today: Bitget token (BGB) up 4.7% to $0.38 and kaspa (KAS) up 5.8% to $0.025.

Are you looking for more insight into crypto prices or help with trading?

In the premium environment of Crypto Insiders you will find a vibrant and friendly community of over 1,000 members helping each other to trade. Also, our analysts share more than 20 technical analyzes here every week exclusively for premium members. View our Premium page for more information and try the first 30 days for free.

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences.

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here