Bitcoin was under pressure Monday, with the world’s No. 1 crypto trading near its lowest level since Jan. 1, according to data compiled by Dow Jones Market Data.

The decline for bitcoin
BTCUSD,
+0.20%
comes as general risk appetite on Wall Street was deteriorating, amid growing concerns about the spread of the COVID-19 delta variant and worries about growing tensions between China and the U.S., which come at a vulnerable time for asset valuations that have been broadly heading higher.

On Monday, bitcoin was changing hands at $30,820, off 2.7% on CoinDesk and down more than 50% from its mid-April peak. Ether
ETHUSD,
+0.14%
on the Ethereum blockchain was off by about 4%, changing hands at $1,822.60. Ether values are off nearly 60% from highs put in early May. Ether is trading around its lowest levels since June 27.

In other digital assets, dogecoin prices
DOGEUSD,
+0.25%
were down 5% at 17.5 cents, off more than 75% from…

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Source: http://www.marketwatch.com/news/story.asp?guid=%7B20C05575-04D4-B545-7536-6F0DFC407643%7D&siteid=rss&rss=1