KEY POINTS

  • Bitcoin rose by 1.17% while Ether dropped by 0.30% as of 1.05 am ET
  • The biggest gainers include SHIB, DOGE, GMT, and CEL
  • The worst performers include QNT, CHZ, UNI, and THETA

The crypto market opened on a sluggish note Monday, as leading cryptocurrency Bitcoin (BTC) rose by 1.17%, while token second to BTC, Ether (ETH), dropped 0.30%.

Bitcoin and Ether failed to retain price action above respective resistance at $25,000 and $2,000, and, according to CoinMarketCap, the price of 1 BTC is $24,848 and that of 1 ETH is $1,982 as of 1.05 am ET.

According to the data generated from the algorithm of PricePredictions.com, the maximum price of Bitcoin by the end of 2022 is expected to be $44,847, while the maximum price of Ether for the same period is expected to be $3,576.

The top ten cryptocurrencies were bearish Monday, except Dogecoin (DOGE) which jumped by 6.28% to $0.07986 as of 1.06 am ET. At the same time, Cardano (ADA) dropped by 2.17% to $0.5753; Ripple (XRP) dropped by 0.51% to $0.3824; and Solana (SOL) dropped by 0.80% to $46.50.

The biggest gainers as of 1.07 am ET include Shiba Inu (SHIB), which is up by 21.29% to $0.00001626; The Sandbox (SAND) which is up by 1.10% to $1.37; Celsius (CEL) which is up by 2.90% to $3.89%; and Stepn (GMT) which is up by 5.57% to $1.04.

The worst performers in the market as of 1.08 am ET include Uniswap (UNI), which is down by 3.54% to $9.08; Theta Network (THETA) which is down by 3.72% to $1.56, Chiliz (CHZ) which is down by 5.45% to $0.1776; Quant (QNT) which is down by 4.86% to $121.10; and Lido Dao (LIDO) which is down by 5.47% to $2.77.

The majority of crypto donations came in the form of Bitcoin, Ethereum and the stablecoin Tether
The majority of crypto donations came in the form of Bitcoin, Ethereum and the stablecoin Tether AFP / NICOLAS TUCAT