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Crypto market update: Bears end up on top as Monday comes to a close

  • The top three coins suffered losses for the second straight day.
  • NEO/USD was the biggest loser of the day, with a 6.87% drop in price.
Crypto market update: Bears end up on top as Monday comes to a close
Rajarshi MitraRajarshi MitraIndependent Analyst

The market faced bearish correction this Monday as the top three coins saw losses. Let’s take a closer look at how the top three did and then reveal the biggest winners and losers of the day, among the top 20 coins.

Top three coins

  • Bitcoin: BTC/USD fell from $10,620 to $10,305 as Monday came to a close. The bulls will need to stay strong to keep the price above $10,000.
  • Ethereum: ETH/USD went down from $225 to $216.70 by the end of Monday. This Sunday, the price fell from $228.50 to $226.
  • Ripple: XRP/USD went down from $0.330 to $0.321 this Monday. Ripple bulls need to keep the price above $0.30 to stop downward momentum.

Biggest winners and losers (top 20 coins)

  • Neo (NEO) was the biggest loser of the day with a 6.87% drop in price and is priced at $12.06.
  • Tron (TRX) went down by 6.13% and is priced at $0.027.
  • Tezos (XTZ) was the biggest winner of the day as the price went up by 4% and is priced at $1.12.
     

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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