Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) edge lower under pressure on Monday after a steady decline over the last three weeks. US-Iran ceasefire extension dillydally fuels institutional outflows, adding further downside pressure on the crypto market.
Following Ethereum's (ETH) decline to the $2,000 psychological level over the past few days, loss realization has increased.
Cardano (ADA) remains bearish, trading below $0.250 on Monday after falling by more than 15% over the past two weeks. Weakening derivatives metrics, alongside a deteriorating technical outlook, suggest the correction could extend further.