$BTC

The world's largest cryptocurrency fell by 1.9% to $102,363.0 as of 02:03 ET (06:03 GMT).

The token showed sharp increases last week when its value exceeded the desired mark of $100k amid optimism regarding reduced trading tensions. Last week it reached over $105,000.

However, investors locked in profits ahead of the release of important inflation data in the U.S., which is set to be published later that same day.