Bitcoin at Two-Week Low as Crypto Liquidations Top $800 Million

Bitcoin weakened to its lowest level in more than two weeks as a pullback in demand amid turmoil in the Middle East prompted traders to cut back their positions.

The original cryptocurrency fell as much as 2.9% to $76,009 on Monday, the lowest since April 30, before paring some losses. It was hovering around $77,000. Other tokens, including Ether and Solana, also fell.