More losses have been recorded on crypto markets over the past 24 hours as the weekend sees digital currencies continue their downward slide. Total market capitalization has slid back towards $180 billion and is not far away from another new low for the year.
Bitcoin is weak, showing no positive signals at all as it continues its free-fall, losing over $1,000 in less than a week. Currently trading down 1.5% at $5,530, BTC looks poised to fall back to the $5,400 level, its lowest for over a year. Ethereum is getting crushed and looks to be stuck in third spot with another decline of over 3% on the day. At the time of writing ETH is trading at $174.