Bitcoin and Ethereum declined on Monday as the broader crypto sell-off picked up again.

Bitcoin plunged about 5.3 per cent to roughly $86,553 as of 8:18 a.m. in London on Monday, while Ethereum slid 6.4 per cent in early trading to $2,836.

Solana dropped more than seven per cent to around $127, while other major tokens were also lower, including Dogecoin, which fell about eight per cent.

The renewed drop in digital assets aligns with a broader risk-off mood as the new month begins.

Macroeconomic worries, including uncertainty around a potential U.S. rate cut — are still unsettling investors, while lingering concerns about stretched valuations in AI-linked stocks added to November’s market turbulence and heightened crypto volatility.

Monday’s downturn mirrored earlier sell-offs this year, with excessive long positions hitting resistance, funding flipping, and a wave of forced liquidations dragging major assets sharply lower within hours.