Cryptocurrency prices have taken a significant hit, with Bitcoin falling over 6% on Monday. As of Tuesday, it traded at $85,468 and has dropped more than 30% from its peak in October. The decline is affecting other digital coins like ether and solana, as well as stocks linked to the crypto market, such as Coinbase Global (-4.76%) and Michael Saylor’s bitcoin-accumulation company (MSTR -3.25%).
Source: https://www.wsj.com/finance/currencies/bitcoin-rout-picks-up-steam-as-investors-fret-over-a-new-crypto-winter-1ffd2100