Bitcoin fell below 116.000$ on Monday, significantly distancing itself from the records reached last week, as reduced expectations for an aggressive easing by the Federal Reserve and increased geopolitical risks weigh on investors' appetite for risk.

The world's largest cryptocurrency was last traded at $115,664.5, down 2% at 07:58 (Paris time).

It had climbed to a record level above 124.000$ last week, but retreated after U.S. data on producer prices came in higher than expected, reigniting concerns about inflation related to tariffs.

Other tokens also dropped on Monday, with Ether moving further away from its levels near historical records.