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Sellers have seized the initiative at the beginning of the week, according to CoinStats.

BTC/USD

The rate of Bitcoin (BTC) has fallen by 1.45% over the last 24 hours.

On the daily chart, the price of BTC is going down after yesterday's bullish closure. If the candle closes with no long wick, the correction may continue to the $92,000-$94,000 range by the end of the week.

Bitcoin is trading at $97,748 at press time.

ETH/USD

Ethereum (ETH) has followed the drop of BTC, going down by 3.07%.

On the daily time frame, bears are trying to seize the initiative. 

If today's bar closes around the current prices, traders may witness an ongoing decline to the $3,600 range soon.

Ethereum is trading at $3,815 at press time.

XRP/USD

XRP is no exception to the rule, falling by 3.08%.

From the technical point of view, the rate of XRP is on its way to the support at $2.2011. If it breaks out, the energy might be enough for a test of the vital $2 zone soon.

XRP is trading at $2.3965 at press time.