Crypto Update: Bitcoin, Ethereum and Ripple's Decline

Last week had been a bad week for cryptocurrency traders. No doubt about that. Steady and heavy declines were rampant and things got even worse as we entered the weekend. This could mean another week of agony.
As of Monday morning: Bitcoin (BTC) price is down by 7%  and has been on that value since the end of last week. It has depressed from its meritorious USD 10,000 mark. Currently, bitcoin is at USD 9,571 per coin, according to Coin Market Cap. This diminishes the largest cryptocurrency’s market capitalization to around USD 161.6 billion.
As for Ethereum (ETH), it has lost around 5% of its value during the weekend. It is now worth USD 838.83 per token. This puts Ethereum’s market capitalization of just over USD 82 billion.
Ripple (XRP) has seen one of its worst weekends. Right after a recovery on Friday night, it lost almost 8% of its value and is currently down to 93.33 US cents. The big-time altcoin’s market cap has been reduced to roughly USD 36.5 billion.

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