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Bitcoin has started the day posting losses. At press time, the largest cryptocurrency by market cap is trading at $9,390.77 (-4.56%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has fallen to $234.69 (-5.04%), while XRP has dropped by 4.49% and is now trading at $0.192.

According to the CoinMarketCap, the BTC/USD pair fell below the $9,500 support level yesterday. This significant drop in the price of the crypto has not surprised many people, as analysts had already warned this could happen.

The crypto has started the day far from yesterday's levels, when it was trading close to $9,800 and it looked like it could soon try to break above the $10,000 support level.

According to CoinMarketCap’s ranking, all currencies on the top 10 are in red.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $266,538,577,638.

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