Crypto Retreats From Record Territory as Traders Take Profits

Major cryptocurrencies retreated to drag the market’s total value below $4 trillion after it scaled record heights last week.

Bitcoin fell as much as 2.5% to about $115,000 while Ether, the second-largest token, at one point shed more than 5% to dip below $4,300 on Monday. The combined value of all cryptocurrencies sank to $3.9 trillion, according to CoinMarketCap.