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Bitcoin has started the week with a negative dynamic. At press time, the largest cryptocurrency by market cap is trading at $7,943.98 (-9.22%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has fallen to $206.34 (-10.32%), while XRP has dropped by 9.94% and is now trading at $0.209.

It must be noted that the crypto market in general has posted significant losses over the weekend. While the reference cryptocurrency managed to stay around $9,000 last week, it has fallen below the $8,000 psychological barrier over the weekend and is currently trading below this level. The rest of altcoins on the top 10 are losing more than 10% in most cases with the only exception of Tether, which has climbed by 0.15% over the past 24 hours.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $228.219.333.790.

For its part, the bitcoin dominance index is at 63.6%.

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