Crypto On Monday: Market Remains In The Red As Bitcoin Retains $19,000

The crypto market was in the red as a new week started and almost every cryptocurrency was bearish. Bitcoin, the biggest cryptocurrency in the crypto market, was able to retain the $19,000 price level after losing it for a brief moment over the weekend.

Bitcoin (BTC) dropped as low as $18,990 and was able to reclaim $19,000 afterward. As of 1:44 a.m. ET, the price of 1 BTC was $19,177 and the market capitalization stood at $364 billion, according to CoinMarketCap (CMC). BTC had the biggest market dominance at the time at 42.17%.

On the other hand, Ether (ETH) prices dropped 0.86% in the last 24 hours, and as of 1:49 a.m. ET, the price of 1 ETH was $1,054. The market capitalization of the token stood at $127.9 billion while the market dominance of the token was 14.80% as per CMC.

Ripple's token XRP surged 2% in the last 24 hours and the price of 1 XRP at 1:54 a.m. ET stood at $0.31. The token is ranked as the 7th biggest cryptocurrency as per CMC. The market capitalization of XRP stood at $15.4 billion.

On the other hand, Tron (TRX), rose by 3.6% in the last 24 hours as per CMC and the market capitalization of the token stood at $6.1 billion. The price of 1 TRX as of 1:58 a.m. ET was $0.066. Avalanche (AVAX) also rose by 2% and was priced at $16.56.

The biggest losers include Polygon (MATIC), which dropped by 5.6% in the last 24 hours, followed by ApeCoin (APE) losing 3%, and Uniswap (UNI) losing 2.252%. As of 2:02 a.m. ET, the price of these tokens stood at $0.45, $4.45 and $4.75, respectively.