Cryptocurrencies haven’t recovered fully. The trend is downward for all major currencies.
Bitcoin is down the $17,000 mark and now sits at $16,722 – down 0.23 percent. While Ethereum, another major cryptocurrency, is valued at $1,181, showing a drop of 0.74.
Toncoin is one of the major gainers this Monday. It grew by 4.74%, while Monero gained 0.60% for a value of $144.72.
If we categorize meme coins separately, then we see Dogecoin and Shiba Inu coins having lost 2.44 and 3.26, respectively.
Metaverse coins also lost some of their steam. Axie Infinity, Apecoin, Sandbox, and Decentraland, each coin dropped from its previous value.
Will this trend continue?
Let’s wait and see.