Major cryptocurrencies are trading lower on Monday with Bitcoin, the world's biggest digital currency in terms of market capitalisation, slipped below $57,500 and was trading at $57,460.76 on the crypto exchange CoinDesk at 9.50 am (IST).This is a huge fall from the record high of $69,000 that hit on November 10.
Ethereum, another popular and the second-biggest cryptocurrency by market value, fell more than 4.15 percent to $4,183.14 at 9:53 am (IST), according to CoinDesk.Shiba Inu, which grabbed the attention of the investors with stellar gains a couple of weeks ago, fell further over 5 percent to 0.000044 at 9:55 am.Also Read:El Salvador to build Bitcoin City; here're detailsMeme crypto Dogecoin also continued to be in the red for the
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