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.