$BTC

Bitcoin fell below $90,000 amid a decline in risk appetite ahead of key macroeconomic events.

On Sunday, Bitcoin traded below $90,000 as low liquidity, weakness in altcoins, and the upcoming release of data from the U.S. and around the world prompted traders to exercise caution.

What you need to know:

During Sunday’s low liquidity trading, Bitcoin dropped below the $90,000 mark.

Ethereum showed relative strength while major altcoins lagged behind.

Traders are preparing for a busy week, which includes the release of U.S. data and information from central banks.

Overall, the market saw subdued price dynamics. Solana, XRP, Dogecoin, and Cardano ADA fell and continued to show double-digit losses over the past month, highlighting the ongoing weakness of major altcoins. The CoinDesk 20 Index (CD20) decreased by nearly 1%.