Bitcoin fell as much as 4.4% on Monday to $90,199, its lowest level since Nov. 18 and well off its peak of $108,316 last December.

Other cryptocurrencies also saw big declines, with Ethereum down 6.6%. Ripple (XRP) fell -5.39% to $2.3734. Binance Coin (BNB) fell -3.55% to $668.11, while Solana (SOL) fell -7.03% to $175.211. Dogecoin (DOGE) fell -6.15% to $0.317491, while USDC was flat +0.02% at $1.0008, while Cardano (ADA) saw the biggest drop of -9.25% to $0.8997. $BTC