Bitcoin Falls Below $86K as Investors Exit Risk Assets — WSJ
By Vicky Ge HuangBitcoin fell below $86,000 on Monday, mirroring a broader decline in stocks and other risk assets as investors rotate out of high-growth assets and shift to value plays.The largest cryptocurrency traded at around $85,700 as of early Monday afternoon, down more than 30% from its early October peak above $126,000. The decline has weighed on crypto-linked stocks. Shares of crypto exchange Coinbase Global, stablecoin company Circle Internet Group and bitcoin-treasury firm Strategy were all down about 5% or more.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).