Bitcoin, the world’s largest cryptocurrency Bitcoin fell as much as 4.2% to $38,580. Meanwhile, the second-largest cryptocurrency Ether, dropped 4.7% to as low as $2,902 on Monday.
According to reports, the global market value of cryptocurrency dropped about 4% in the past 24 hours to $1.9 trillion. Bitcoin has been struggling to gain an upwards trend along with risk assets in recent months.