Crypto Price Today: Bitcoin falls below $26,800; Litecoin, BNB decline over 2%

economictimes.indiatimes.com:

cryptocurrency markets were majorly trading mixed on Monday. Bitcoin, Ethereum, and BNB were trading with cuts, while XRP, Solana, and Tron were trading with gains. Bitcoin (BTC) fell 1.20% to $26,797, whereas Ethereum (ETH) was below the $1,900 level. BTC volume stood at approximately $11.57 billion, falling 39.42% in the last 24 hours. «Crypto markets have continued to be tightly range-bound as overall market capitalization remained just below $1.2 trillion over the weekend, without any change in the last 24 hours. Investors are currently displaying a lack of initiation for trend control. It is because of this that we can expect the market to perform sideways till a prominent narrative picks up,» Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, said. The total volume in DeFi is currently $2.29 billion, 8.67% of the total crypto market 24-hour volume. The volume of all stablecoins is now $24.44 billion, which is 92.65% of the total crypto market 24-hour volume.

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The global cryptocurrency market cap was trading higher around $1.12 trillion, declining 0.92% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $519 billion. Bitcoin’s dominance is currently 45.83%, a decrease of 0.08% over the day, according to CoinMarketCap. Rajagopal Menon, Vice President at WazirX said, «Major market oscillators point to a neutral sentiment. The Relative Strength Index