Bitcoin fell to its lowest price since November 26 on Monday, losing over 3% and selling just above $91,000. The latest drop in appetite for risky investment is likely motivated by signals from the Federal Reserve officials, who have indicated the Fed could slow down the pace of interest rate cuts. The cryptocurrency is down 10% in a month but up 53.9% in the last six months.
Bitcoin plunged 3.53% at 6:51 am ET, selling for $91,165.237, while Ethereum sank 5.76% at the same time and went for $3,077.835.
