Cryptocurrencies continued to fall on Monday morning following a quiet weekend as all eyes turned to Mexico to see whether the nation will vote in favour of Bitcoin becoming legal tender. Bitcoin eased 1.2% to US$42,276, while its closest rival by market value, Ethereum, slipped 2.2% to US$3,179. Mexican senator Indira Kempis said at the Miami crypto conference on Thursday that the country's federal government will suggest laws to make Bitcoin a legal currency, which would make it the most significant country to do so and likely stimulate some positive price momentum.
The Crypto Report: Bitcoin and Ethereum languish, will Mexico accept Bitcoin as legal tender?
