Overview of the cryptocurrency market: Bitcoin hung around $ 3,400,

The cryptocurrency market starts the week with a bearish mood. Bitcoin and some altcoins suffer minor losses. The total value of digital assets in circulation is $ 113.5.

The price of Bitcoin (BTC) fell by about 0.12% and currently stands at $ 3,413. The first digital coin has lost 2% of its value since the previous Monday and ended the second bearish week in a row with lower lows.

Ripple (XRP) fluctuates above $ 0.30, losing 0.45% since yesterday. The second largest coin with a market capitalization of $ 12.5 billion fell from $ 0.338 (January 31 maximum) and formed another candle doji on the weekly chart.

Over the past 24 hours, Ethereum (ETH) cryptocurrency has lost more than 0.2% of its value, trading at $ 108 at the time of this writing. The coin rolled away from the early Asian high of $ 111.89 and failed to consolidate above the $ 110 mark.

NEM (XEM) is the biggest loser of the day from the top 10 coins. NEM lost about 4% of its value and dropped below $ 0.04. This decline is due to the recent news that the NEM fund may be on the verge of bankruptcy.

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