Bitcoin dominance slides to a 4-year low as BTC remains below $20k.
The weekend brought no respite to the crypto market as news of a G7 Russian energy ban caused commodity prices to decline. Bitcoin (BTC) was unable to flip the $20k mark into firm support and was trading at $19,726, down by a minor 0.9% since yesterday. Ethereum (ETH) too witnessed similar shedding with its price floating at $1,550 at press time.
The top cryptos presented a mixed picture with Cardano (ADA) as the top gainer, followed by Polkadot, Solana, Doge, etc. The other coins continued to flash red. The total market cap fell by 4.5%, and stood at $934 billion.