Bitcoin accelerates decline, falling to $90,000 earlier in the week

Bitcoin briefly dipped below the $90,000 mark on Monday, extending its decline as investors continue to shy away from growth-oriented assets such as crypto and technology stocks.

The price of the flagship cryptocurrency was last seen lower by 3% at $91,358.66 earlier in the week, according to Coin Metrics. It had previously fallen to $89,259.00. Bitcoin is down 10% in the last week.

Ether lost 7% on Monday and the broader crypto market as measured CoinDesk 20 the index fell by more than 5%. Actions Coinbase and Micro strategy decreased by 4% and 3%, respectively. Mara Holdings Company decreased by 4% and Basic scientific retreated by 2%.

Crypto assets started to fall last week after higher-than-expected payrolls numbers sparked a a spike in bond yields and in the middle concerns over President-elect Donald Trump’s tariff plans – both of which gave the dollar a boost while simultaneously weighing on bitcoin and other risk assets.

Investor sentiment was upbeat in 2025, and markets looked forward to a pro-crypto Congress and White House. Until last week, that hope outweighed any concern about macroeconomic shocks.

Investors are now warning that the first quarter of this year could be more turbulent for crypto than previously expected.

The price of Bitcoin rose 120% in 2024, but fell 3% in the new year.