Bitcoin (BTC) fell below $77,000 as the cryptocurrency market faced widespread selling pressure on Monday. BTC recorded a 1.5% decline, trading at $76,861, while Ethereum (ETH) dropped 3.1% to hover near $2,114. Other major cryptocurrencies like XRP, Solana (SOL), and Dogecoin (DOGE) also experienced losses, with DOGE suffering the steepest decline of 4.8%, trading around $0.104.
Despite the downturn, trading activity remained high, with Bitcoin generating nearly $28 billion in daily volume and Ethereum over $11 billion. Meanwhile, smaller tokens like MAGA Bitcoin (MBTC) and OriginTrail (TRAC) surged, gaining 232.7% and 77.2% respectively, as speculative demand persisted in the market.
Bitcoin Drops Below $77,000 Amid Market Sell-Off
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