Bitcoin logs its worst day since March
Bitcoin and ether fell sharply on Monday, as the recent sell-off in cryptocurrencies resumed.
Bitcoin was last seen at about $85,894.03 at 04:19 p.m. ET, a 6% slide. Ether dropped 8.4% to hit $2,776.39.
Solana had fallen more than 9%, and was last seen below $125, while other closely watched tokens were also in the red.
BTC.
In Asia, a statement by the People’s Bank of China on Saturday warning of illegal activities relating to digital currencies heaped pressure on Hong Kong-listed shares of digital assets-related companies, which retreated during Monday’s session.
The fresh slide in digital assets chimes with a broader risk-off sentiment at the start of a new month.
Ben Emons, founder and CIO of Fedwatch…
