The price of Bitcoin drops to $90,000 at the beginning of the week.

As investors continued to sell off tech stocks, the market dropped to $90,000, extending weekend losses.

The price of the flagship cryptocurrency decreased by 4% to $90,413.80, according to Coin Metrics, resulting in a 7% loss since Saturday. Bitcoin experienced an 11% decline in value over the past week.

On Monday, the broader crypto market, as measured by the CoinDesk 20 index, dropped more than 6%, while shares of and slid 4% and 5%, respectively. Additionally, declined 5% and retreated by 3%.

The decline of crypto assets started last week due to stronger-than-expected payroll numbers, which led to a rise in bond yields and fears about President-elect Donald Trump's tariff plans. These factors benefited the dollar and put pressure on bitcoin and other risk assets.

Last week, investor sentiment towards cryptocurrency markets shifted from optimism to concern, despite the anticipation of a pro-crypto Congress and White House.

Crypto investors are now anticipating more turbulence in the first quarter of this year than previously thought.

In 2024, Bitcoin's price experienced a 120% increase, but it has decreased by 3% in the current year.