Bitcoin faces a downfall in its price rate, says experts

According to Bloomberg, Bitcoin posted its worst streak in about a month amid ebbing fanfare over new US exchange-traded funds for the largest digital asset.

The token fell as much as 1.9% before paring some of the slide to trade at $42,239 as of 9 a.m. Monday in Singapore. It has dropped for four straight days, the worst such run since mid-December. Smaller crypto coins struggled for much traction, with Ether, BNB and Solana posting mixed performance.