Bitcoin continues its fall this Monday, dropping below the $66,000 mark to trade at $66,036, down 1.8% on the day. Ether is not far behind, falling to $1,939. On the week, Bitcoin’s performance remains marginally positive at +0.5%, but today’s trend is clearly bearish. This third consecutive day of decline marks a clear shift in sentiment from the previous week.
This pullback comes amid increased caution in financial markets. Fears over inflation and interest rates continue to weigh, and risk assets like cryptocurrencies are often the first to be sold in times of uncertainty. The fact that the decline continues on a Monday, when trading volumes typically pick up, is a negative signal. Investors seem to lack confidence to buy at these levels, preferring to wait for clearer signals on market direction.
For observers, today confirms that the cryptocurrency market is going through a correction phase. After reaching highs, Bitcoin and Ether are facing selling pressure that could intensify if macroeconomic conditions do not improve. The question now is whether Bitcoin will find solid support around $65,000 or if the decline will accelerate. The coming days will be decisive for the short-term direction of the market.
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Historical Context
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