The wires.
Diversify with Socks and Options .! Bitcoin and Ethereum fell sharply on Monday. Risk-off sentiment in broader markets hangs over digital assets as sell-off resumes in December. In Asia, shares in digital assets-related stocks dropped after the People’s Bank of China warns of illegal activities. Bitcoin and Ethereum fell sharply on Monday, as the recent sell-off in cryptocurrencies resumed. Bitcoin tumbled sharply and was last seen around $86,805 at 9:45 a.m. in London (4:45 a.m. ET), a slide of more than 4.5%. Ethereum dropped around 6.1% in early trade, to reach $2,844. Solana had fallen over 7%, and was last seen around $127, while other closely-watched tokens were also in the red, including Dogecoin , which slipped around 8.2%.