KEY POINTS

  • Ether outperforms Bitcoin as its market dominance rose to 18.39%
  • The biggest gainers include BCH, CELR, and SNX
  • The biggest losers are FLOW, SOL, AVAX, and ATOM

The crypto market turned red Monday, with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) dropping 2.19% and 2.55% in the last 24 hours.

The world's biggest cryptocurrency BTC lost the $23,000 price level over the weekend and on Monday, it dropped below $22,000. On the other hand, ETH outperformed BTC and successfully retained the $1,500 price level.

According to CoinMarketCap data, as of 1:09 a.m. ET, the price of 1 BTC was $21,890, while that of 1 ETH was $1,518. The market dominance of BTC dropped to 41.52% while that of ETH rose to 18.39% as Ether continues to outperform Bitcoin.

The best performers for today include Celer Network (CELR), which rose 5.49% to $0.01908; Uniswap (UNI) which rose 1.24% to $6.98; Bitcoin Cash (BCH) which rose 2.24% to $127.33; and Synthetix (SNX) which rose 2.33% to $3.32 as of 1:15 a.m. ET.

The worst performers include Solana (SOL), which dropped 5.01% to $38.39; Avalanche (AVAX) which dropped 6% to $22.36; Cosmos (ATOM) which dropped 7% to $9.42; and Flow (FLOW) which dropped 7.55% to $1.76 as of 1:19 a.m. ET.

China's central bank has warned companies against assisting cryptocurrency-related businesses
China's central bank has warned companies against assisting cryptocurrency-related businesses AFP / INA FASSBENDER
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