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The crypto market was in the red as a new week started and almost every cryptocurrency was bearish. Bitcoin, the biggest cryptocurrency in the crypto market, was able to retain the $19,000 price level after losing it for a brief moment over the weekend.
Bitcoin (BTC) dropped as low as $18,990 and was able to reclaim $19,000 afterward. As of 1:44 a.m. ET, the price of 1 BTC was $19,177 and the market capitalization stood at $364 billion, according to CoinMarketCap (CMC). BTC had the biggest market dominance at the time at 42.17%.
On the other hand, Ether (ETH) prices dropped 0.86% in the last 24 hours, and as of 1:49 a.m. ET, the price of 1 ETH was $1,054. The market capitalization of the token stood at $127.9 billion while the market dominance of the token was 14.80% as per CMC.
Ripple’s token XRP surged 2% in the last 24 hours and the price of 1 XRP at 1:54 a.m. ET stood at $0.31. The token is ranked as the 7th biggest cryptocurrency as per CMC. The market capitalization of XRP stood at $15.4 billion.
On the other hand, Tron (TRX), rose by 3.6% in the last 24 hours as per CMC and the market capitalization of the token stood at $6.1 billion. The price of 1 TRX as of 1:58 a.m. ET was $0.066. Avalanche (AVAX) also rose by 2% and was priced at $16.56.
The biggest losers include Polygon (MATIC), which dropped by 5.6% in the last 24 hours, followed by ApeCoin (APE) losing 3%, and Uniswap (UNI) losing 2.252%. As of 2:02 a.m. ET, the price of these tokens stood at $0.45, $4.45 and $4.75, respectively.
Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021.
Photo: Reuters / DADO RUVIC
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