In December, a risk-averse sentiment permeated the market as Bitcoin fell more than 6% and dropped below $86,000.

According to the Securities Times APP, on Monday, the cryptocurrency market experienced a significant decline, reigniting the downward trend of large-scale selling that had seemed to be gradually subsiding. Data shows that Bitcoin fell more than 6% in early Asian trading, breaking below the $86,000 mark; Ethereum fell more than 7%, dropping to around $2,800. Most tokens saw similar trends, with Solana falling by 7.8%.