The most popular cryptocurrencies on Monday show a negative trend. According to the digital trading platform Stormgain, the decline in quotes reaches 3%.
The main reason for pessimism in the market was unfavorable news from Facebook, which announced its refusal to issue just one cryptocurrency. Instead, several stablecoins will be issued, which rates are planned to be tied to the most significant world currencies.
In addition, it became known that a major Bitcoin investor from Canada filed a lawsuit against the digital exchanges Gatehub and Bitstamp. The investor accuses them of the fact that due to the fault of the exchanges, he incurred losses of almost $5 million due to incorrect information provided by the trading platforms, and due to problems with accounts.
Probably in the near future, the most popular cryptocurrencies will continue to lose in value. Bitcoin risks falling to the psychological mark of $7,000, Bitcoin Cash - down to $230, Ethereum - down to $180, XRP - to $0.19, and Litecoin - to $40.