CRYPTO INSIDER: Bitcoin, Ethereum, and XRP are falling

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The three largest cryptocurrencies in the world are falling Monday, with XRP leading the slump. Bitcoin and Ethereum are also dropping.

Here are the current standings:

• Bitcoin (BTC): $14,684.09 (-6.55%)
• Ethereum (ETH): $1,086.33 (-2.53%)
• Ripple (XRP): $2.380 (-13.80%)
• Bitcoin Cash (BCC): $2,285.90 (-9.05%)

What's happening:

• Ripple's XRP has fallen 38% from its all-time high, set just last week.
• Seagate, which makes hard-disks, surged 11% Monday morning after an unconfirmed report that it could own billions of dollars worth of XRP.
• Bitcoin plunged 8% after a weekend rally and reports that Asian regulators are cracking down on miners and exchanges.
• Dogecoin, a cryptocurrency based on a meme, was originally a joke - now it has a market cap over $2 billion.
• Western Union got a bump Friday that continued into Monday after unconfirmed reports that it was considering using Ripple to facilitate its money transfers.
• Bitcoin miners are reportedly fleeing China as the country steps up its crackdown on cryptocurrencies.

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