Bitcoin Starts Week on Shaky Ground as Uncertainty Lingers

Bitcoin staged a minor recovery after a sharp fall Sunday, starting the week on shaky ground as global geopolitical tensions prompted a move away from risk assets and into safe havens such as gold.

The largest cryptocurrency dropped as much as 3.5% on Sunday to a 2026 low of just above $86,000, before paring some of those losses. It hovered around $87,883 as of 6:15 a.m. in New York on Monday, a rise of about 1.6% in the last 24 hours. Ether slumped as much as 5.7% before rallying, still close to its lowest level since mid-December.