The cryptocurrency market has had a mixed weekend of trade and ended up giving back its gains and more during overnight trade.
This has left the entire crypto market with a value of US$449.9 billion according to Coin Market Cap, about 1% lower than where it was on Friday morning.
Here is the state of play on Monday:
The Bitcoin (BTC) price has fallen 2.7% since this time yesterday to US$9,545.35 per coin. This has reduced Bitcoin's market capitalisation to US$162.5 billion. Bitcoin may have come under pressure following dismissive comments from Warren Buffett at this weekend's Berkshire Hathaway meeting.
The Ethereum (ETH) price has tumbled 3.5% over the last 24 hours to US$778.92 per token, cutting Ethereum's market capitalisation to just over US$77.3 billion.
The Ripple (XRP) price has been the worst performer among the major coins with a 5% decline over the last 24 hours to 86 U.S. cents. This leaves XRP with a market capitalisation of approximately US$33.7 billion. XRP came under pressure this weekend after Ripple Labs was accused of running a scheme to raise hundreds of millions of dollars via unregistered sales of its tokens. According to Bloomberg, a class-action complaint was filed on Thursday in the Superior Court of California.
The Bitcoin Cash (BCH) has risen 0.9% over the last 24 hours to US$1,709.24 per token, lifting its market capitalisation to US$29.3 billion. Traders continue to snap up the popular altcoin ahead of its Bitcoin ABC update on May 15.
The EOS (EOS) price has fallen almost 3.7% since this time yesterday to US$17.28 per token, reducing its market capitalisation to US$14.5 billion.
It was a similar story outside the top five with the likes of Litecoin (LTC), Cardano (ADA), and Stellar (XLM) all down by at least 4% over the last 24 hours. IOTA (MIOTA) and TRON (TRX) are also notably lower during the period.
