The crypto market remained sluggish over the weekend, showing little movement. On Monday, February 17, Bitcoin recorded a 1.55 percent dip on international exchanges, trading at $96,019, according to CoinMarketCap.
Markets continue to slide slowly in the downward direction as Bitcoin is testing the $96,200 mark yet again. If BTC can hold this level, we should see a small relief rally here before the next big move.
Ether underwent a price loss of 1.15 percent on international exchanges over the last day. The second-most expensive cryptocurrency is presently trading at $2,666 on global platforms.
Along with Bitcoin and Ether, the market slowdown has negatively impacted the price points of most altcoins.
Crypto price tracker reflected losses next to Ripple, Binance Coin, Solana, Dogecoin, and Chainlink on Monday.
Other altcoins such as Stellar, Avalanche, Litecoin, Shiba Inu, and Leo also registered losses over the last 24 hours.
The overall crypto market cap tumbled by 1.44 percent, bringing the sector valuation to $3.19 trillion.
Meanwhile, stablecoins Tether and USD Coin did not see losses and maintained its 1:1 price ratio with the US dollar.
Cardano, Tron, Cronos, and Bitcoin SV held onto minor gains on the price charts on Monday, alongside Polygon, Iota, Status, and Circuits of Value.
