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On Monday, the bitcoin market had uneven trade. While Bitcoin, BNB, Dogecoin, and Tron were trading higher, Ethereum, XRP, Cardano, and Polygon were trading lower.

Ethereum (ETH) was trading below the $1,550 mark while Bitcoin (BTC) increased by 0.10% to $21,840. BTC volume increased by 27.24% over the past 24 hours to reach about $19.34 billion.

According to CoinMarketCap, the market capitalization of BTC was around $421.47 billion, with a market share of roughly 41.52%.

"Over the weekend, Bitcoin fell below the US$22,000 mark after the American Kraken exchange stopped offering its staking service and paid the SEC a US$30 million fine for failing to register it. Currently, BTC is trading near its US$21,770 support level and shows signs of being in a bearish trend.

Stablecoin volume as a whole was $38.93 billion, or 91.23% of the 24-hour volume of the whole crypto market.

"The macroeconomic issues, such as regulatory uncertainty and higher-than-expected December consumer prices, are causing price swings across the cryptocurrency market.

Bitcoin $ 21,840 0.10%

Ethereum $1,520 -0.92%

Tether $1 0.01%

BNB $314.79 2.36%

XRP $0.3749 -1.79%

Dogecoin $0.08424 2.79%

Cardano $0.3628 -1.00%

Polygon $1.22 -2.96%

Polkadot $6.21 -0.55%

Tron $0.06515 1.98%

Litecoin $92.97 -0.67%

Shiba Inu $0.00001297 0.88%

Solana $21.04 0.97%