Bitcoin’s price on the verge of falling to the $15,000 range, with a 7% drop in Ethereum’s price
In the early hours of trading on Monday, Bitcoin’s price and the cryptocurrency market experienced a decline, with most coins in the red zone
The global cryptocurrency market value is currently $800.98 billion, showing a 4.17% decrease compared to the previous day
Additionally, the total trading volume in the past 24 hours has increased by 87.01% and reached $615.4 billion
On the other hand, $1.089 million in short positions in Bitcoin futures have been liquidated in the past 24 hours
Bitcoin has fallen by more than 3% to a price of $16,128, and Ethereum is trading at $1,128 after a drop of more than 7%
Other well-known cryptocurrencies like Dogecoin, Shiba Inu, Ripple, and Cardano have also seen price declines