Switch to Slide ShowSUMMARYCryptocurrencies extended losses on Monday. The global crypto market cap stood at $1.1 trillion, with a volume of $61.5 billion in the past 24 hours.1 / 8Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, fell 1.39 percent to $24,355.5. Its market value stood at $470 billion. The trade volume was at $28.1 billion.2 / 8″Bitcoin reached over $25,000 during the weekend but dropped to $24,000 today. However, BTC’s weekly gains remain intact, indicating that buyers are still active. If buyers can push BTC back to $25,250, the next resistance will be at $31,000 with no major obstacles in between. The support level for BTC is now at $23,800,” Edul Patel, CEO and Co-Founder of Mudrex.3 / 8Ethereum | The second largest virtual currency, Ethererum or Ether, fell 0.9 percent to $1,678.5 with a market capitalisation of $205.5 billion. The trade volume of Ethereum was $7.6 billion in the last 24 hours.4 / 8On Ethereum, Patel said, “Ethereum’s growth has followed a similar path to BTC and is currently approaching its resistance at $1,700. A breakthrough could lead to an upward trend in the days ahead.”5 / 8Dogecoin | Meme-based virtual currency, Dogecoin, fell 1.8
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