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Cryptocurrency prices tumbled over the weekend and into Monday, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough stock market and challenging macroeconomic backdrop.
The price of Bitcoin has fallen more than 10.2% over the past 24 hours to roughly $31,000, deepening losses from over the weekend after changing hands around $36,000 on Friday. It puts the largest crypto at its lowest level since July 2021.