Bitcoin and ether fell sharply on Monday, as the recent sell-off in cryptocurrencies resumed.

Bitcoin was last seen at about $85,894.03 at 04:19 p.m. ET, a 6% slide. Ether dropped 8.4% to hit $2,776.39.

Solana had fallen more than 9%, and was last seen below $125, while other closely watched tokens were also in the red.

+1,756.08 (+2.06%)

In Asia, a statement by the People’s Bank of China on Saturday warning of illegal activities relating to digital currencies heaped pressure on Hong Kong-listed shares of digital assets-related companies, which retreated during Monday’s session.

https://www.cnbc.com/2025/12/01/bitcoin-ethereum-fall-sharply-as-crypto-sell-off-resumes-.html