Bitcoin fell below 87 thousand dollars.

Cryptocurrencies Start the Week with a Decline

Bitcoin has begun the new week with a drop to $86,800, while Ethereum has also fallen to $3,000. These price movements continue a pattern that has been confirmed, where cryptocurrencies perform worse during U.S. trading hours compared to other time zones.

Stocks based on crypto assets have also experienced a decline. Shares of Strategy and Circle fell by 7%, while Coinbase saw a drop of over 5%. Stocks of companies involved in crypto mining, such as CLSK, HUT, and WULF, have dropped by more than 10%.