Markets for cryptocurrencies are down this morning on Monday.

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According to data from CoinMarketCap, as of 7:00 AM IST, the total market capitalization was $1.09 trillion, down 0.83% over the previous 24 hours. [{ "selector": ".uzkoo-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Bitcoin is now worth $23,405, down 1.37%. Ethereum, which is currently priced at $1,690, also demonstrated a minor drop. The value of the coin dropped by 0.80%. [{ "selector": ".ngpog-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 280px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".nbzui-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Over the past 24 hours, the USDT Tether's value increased by 0.01 percent. The stablecoin is currently trading at its $1 peg. [{ "selector": ".bwcbm-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(-363px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".kmpzs-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 250px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".wqdog-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

While the BNB token lost 0.75 percent over the past 24 hours, the USDC stablecoins recorded a 0.02 percent increase and kept their peg at $1.

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Over the past 24 hours, there has been a 2.02 percent downward trend for XRP Ripple. [{ "selector": ".sfzub-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "transform": "translateY(-268px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".zjazx-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

According to market capitalization, BinanceUSD stablecoin has recaptured the position of sixth most valuable cryptocurrency. Over the past 24 hours, the cryptocurrency increased 0.14 percent. [{ "selector": ".qarra-a", "duration": "500ms", "fill": "forwards", "delay": "750ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 291px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".bklmw-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

The DOT token from the Polkadot blockchain network was one of the top tokens to exhibit a rise despite generally unfavourable indications. [{ "selector": ".pewtt-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 311px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".knexu-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".otfdb-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(-386.49999999999994px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

The MATIC token on the Polygon network fell 3.79 percent. [{ "selector": ".pqcgt-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Shiba Inu, a memecoin, fell 0.37 percent, and Avalanche's native cryptocurrency AVAX fell 0.89 percent.

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