The volatility of cryptocurrency assets on Monday was significantly lower than on previous days. The Bitcoin price practically did not change and was trading around the level of 3840 dollars. Ethereum dropped slightly to $ 138, while XRP, by contrast, added almost 6% and reached $ 0.3250.
Amid a sharp decline in the Bitcoin price, the amount of short positions on the Bitfinex exchange in the BTC / USD pair dropped to March lows. Simultaneously, long positions still prevail over short ones. During the previous week, the price of Bitcoin overcame an important resistance level of $ 4,000, but failed to gain a foothold above this mark.