Cover image via U.Today

The latest week kicked off with a market correction in the world of cryptocurrencies, as reported by CoinMarketCap.

BTC/USD

The value of Bitcoin (BTC) has dropped by 1.08% since the previous day.

As observed on the daily chart, the BTC rate is decreasing after a bullish closure the day before. Should today's trading session close below $69,500, it is possible that a test of the $68,000 zone may be incoming.

Bitcoin is currently priced at $69,616.

ETH/USD

Ethereum (ETH) has also experienced a decline alongside BTC, falling by 2.07%.

From a technical standpoint, Ethereum (ETH) is mirroring BTC's movements as bears are attempting to lead the market. The $3,400 interim level is crucial at the moment, and a breakout below this level could result in a further drop to the $3,200-$3,300 zone.

Ethereum is currently trading at $3,537.

XRP/USD

XRP has seen the most significant decrease today, with a decline of 2.57%.

When looking at the daily chart, XRP's price is once again testing the support level at $0.60355. If the closing price is near or below this level, there may be enough momentum for a drop to the $0.58 area.

XRP is currently trading at $0.6077.