Bitcoin, the world's biggest and best-known cryptocurrency, fell 5% to $95,519 at 2103 GMT on Monday. Bitcoin is down 7.1% from the year's high of $103,647 on Dec. 5.
Cryptocurrencies took a breather today as the price of Bitcoin retreated from $100,000 and traded around $97,500 as of 1 p.m. ET. Treasury yields rose in anticipation of new inflation data later this week, but otherwise, it was not immediately clear what drove the sell-off. Other cryptocurrencies followed Bitcoin's lead and struggled today as well.