Bitcoin, Ripple Lower, Ethereum Eases From Record Highs

The prices of major cryptocurrencies, including bitcoin and ripple were lower on Sunday, while Ethereum eased after hitting record highs on Saturday.

Bitcoin was trading at $13,455 by 04:22 AM ET (09:22 AM GMT) on the Bitfinex down 4.79% from its previous close. That pushed bitcoin’s market capitalization down to $229 billion.

Ethereum, the world’s second largest cryptocurrency by market cap, was last at $1,320.90 on the Bitfinex exchange after peaking at $1,423.20 on Saturday.

Meanwhile, Ripple’s XRP token was trading at $1.85 on the Poloinex exchange, down around 10% for the day.

Cryptocurrency prices plummeted last Thursday following reports that South Korea may be preparing to ban all virtual currency trading in the country.


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