Bitcoin and other cryptocurrencies fell on Monday, reaching important price levels due to a decline in risk-sensitive assets ahead of macroeconomic events.

Bitcoin has plummeted 2% in 24 hours to around $26,100, indicating investor fading interest in the price action market.

Crypto traders are still waiting for an SEC verdict on spot Bitcoin ETFs, which may take months.

Economic data is in focus, with a robust U.S. economy unlikely to inspire the Federal Reserve to decrease rates.