Crypto Market Wrap: Altcoins Start to Slide While Bitcoin Holds Gains5.8

Another minor pull back has occurred as crypto markets retreat from weekend gains this Monday morning. Losses are primarily from altcoins as total market capitalization drops back below $180 billion again but remains in its range bound channel.

Bitcoin has dropped back from its intraday high of $5,350 but only marginally. At the time of writing it is hovering just below $5,300 with a daily volume of $14 billion. Markets are currently being held up by BTC as all of the altcoins have fallen back; consequently dominance is back up to its two month high of 52.7 percent.

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