Crypto Price Today: Bitcoin falls below $28,200; XRP, Polygon decline up to 5%

The global cryptocurrency markets declined on Monday following the release of better-than-expected US jobs data. Bitcoin fell by 2.81% to $28,171, and Ethereum dropped below $1,900. The decline follows Binance halting Bitcoin withdrawals for the second time in a day, citing high volumes. The global crypto market cap was trading around $1.16tn, a 2.53% drop over the last 24 hours. The market cap of Bitcoin, the world’s largest cryptocurrency, was around $545bn, with a dominance rate of 47.09%, down by 0.08% from the previous day, according to CoinMarketCap.