Bitcoin, the most well-known cryptocurrency, was largely flat at around $56,000.
“The performance has been outstanding,” Ari Wald, head of technical analysis at Oppenheimer, told CNBC’s “Trading Nation” on Monday.
“This is an extremely volatile currency and traders have to be wary of that.
“If you’re going to trade it, trade it.
Dogecoin, one of the best-performing cryptocurrencies this year, has had a wild ride.