Bitcoin suffered a sharp fall Sunday to start the week on shaky ground, even as it staged a minor rebound in early Asia, 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% Sunday to a 2026 low of just above $86,000 before climbing to $87,733 Monday morning in Singapore. Second largest token Ether slumped as much as 5.7% before rallying 2% to trade at $2,872, still close to its lowest level since mid December.