Cryptocurrency prices declined during trading on Monday, led by Bitcoin, which continued its slide after recording four consecutive weeks of significant losses as uncertainty over interest rates led to increased aversion to speculative assets.
The world's largest cryptocurrency fell 2.7% to $68,409.7, after briefly rising to $70,000 over the weekend.
Bitcoin has now erased nearly 50% of its price since reaching a record high of around $126,000 in October 2025.
Cryptocurrency led the losses among speculative assets as uncertainty over US interest rates caused traders to pull significantly away from speculative assets.
Strategy&, the world’s largest institutional owner of Bitcoin, said on Sunday that it would be able to meet its financial obligations even if the price of Bitcoin fell as low as $8,000 per coin.
The company stated in a social media post that it could withstand a drop in the price of Bitcoin to $8,000 and still have enough assets to fully cover its debts.
The company owns 714,644 Bitcoins, having funded its purchases of the currency through a combination of new capital issuances and long-term debt financing.
The prolonged losses in Bitcoin have also raised concerns about being forced to liquidate some of its holdings to meet its financial obligations, although Saylor has largely dismissed those concerns.
In early February, Strategy& reported a loss of $12.4 billion for the quarter ending in December, compared to a loss of $670.8 million in the same period of 2024. Apart from its massive Bitcoin holdings, Strategy& has limited revenue-generating capacity.
As for the prices of other cryptocurrencies, Ethereum, the world's second-largest cryptocurrency, fell by 6.1% to $1,958.63, while Ripple dropped by 7.7% to $1.4575.
BNB lost about 4%, while Solana and Cardano fell by 5.4% and 6.2% respectively.
Among the meme currencies, Dogecoin fell by 11.4%, while Trump Media declined by 2.4%.
