Crypto Stocks Drop as Bitcoin Price Falls Toward $61,000
Bitcoin fell early Monday, putting the digital token on course for its lowest end-of-day level in more than a month. Other cryptocurrencies also retreated.Bitcoin recently traded at about $61,092, down 4.7% compared with Friday's 4 p.m. ET price of $64,173.Bitcoin hasn't ended the day below $62,000 since May 14.The cryptocurrency remains sharply higher for 2024, after ending last year below $43,000.Ether fell nearly 6% compared with Friday’s price.Crypto stocks dropped in morning trading Monday.