CRYPTO NEWS: The Bitcoin price saw a 3% increase on Monday raising to $4,262, while the Ethereum price experienced a 5% bump reaching as high as $300 during the morning hours. At present, the Bitcoin price is $4198 and the Ethereum price is $294, both prices translate into a market cap of $68.7 billion and $27.4 billion, respectively. **
The near-term future of the bitcoin price will depend heavily on whether the China bitcoin ban rumors receive official confirmation, so investors should continue to expect volatility.*
The altcoin markets were generally positive, with the exception of a few smaller coins: the Bitcoin Cash price rose 5% to $531, the Ripple price rose 8% $0.218, fifth-place Litecoin also saw its price jump 8% to $65, privacy-centric Dash and Monero each rose 5%, bringing their prices to respective values of $318 and $112. NEM rose 4% to $0.256. Ninth-ranked IOTA rose 7% to $0.509, and Ethereum classic concludes the top 10 with an 8% climb to $14.47.**

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* Information source: cryptocoinsnew, coinmarketcap
**Information provided is not a reliable indicator of future performance

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