Bitcoin Price Falls Below $21,000 as Stocks Retreat

A rough few days for cryptocurrencies continued.

But today bitcoin briefly falls below $21,000

Many Investors want to sell their crypto as risky in times of market pessimism.

Global stock markets and U.S. stock futures lowered Monday.

Because many investors are worried about interest-rate increases

Crypto, which is traded based on speculation, has no guarantee to stay stable.

Bitcoin fell as low as $20,909.50 before edging higher to trade at $21,260.70 by early afternoon London time, according to data from CoinDesk.

It remains about 1.2% lower than its Sunday late-afternoon level.