Bitcoin and all the other cryptocurrencies rebounded last week after a two-day bloodbath in which the price of Bitcoin dipped under $10,000 for the first time in months. We told you at the time that you shouldn’t get too excited that prices were climbing again, as a new price drop may be just around the corner. It turns out the price drop was closer than we thought, and all cryptocoins were down by at least 10% on Monday morning at the time of this writing.
Bitcoin is still above that $10,000 psychological milestone, while Ethereum dropped below $1,000 again. Ripple, the third largest cryptocurrency by market cap, traded for around $1.21 on Monday, according to data provided by CoinMarketCap.
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