Bitcoin Drops Below $86,000, Extends Bear Market Slide

• Bitcoin fell below $86,000 for the first time in two weeks, dropping as much as 3.7% to $85,171 on Monday.
• The cryptocurrency has declined over 30% from its all-time high of approximately $126,000.
• Analysts attribute the downward trend to sales from investors who bought near Bitcoin's peak.
• Other cryptocurrencies (Doge, XRP, Ether) and crypto-related stocks also experienced declines.
• Bitcoin previously reached a 2025 low of about $74,400 in April.

Why It Matters: Bitcoin's fall reflects waning investor confidence and a broader crypto market downturn.