Bitcoin began the week on the back foot following a prolonged selloff that has put the token on track for its worst month since 2022.
After regaining some ground over the weekend, the original cryptocurrency fell as much as 2.3% to briefly dip below $86,000 on Monday morning, before paring losses. It was trading at $87,986 as of 10:24 a.m. in Singapore.
www.bloomberg.com
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