Bitcoin fell below $77,000 on Monday, extending weekend losses as surging global bond yields and rising oil prices dampened risk appetite.
The world's largest cryptocurrency last traded 1.5% lower at $76,946.6.
Oil prices climbed above $110 per barrel amid escalating Iran tensions, fueling inflation fears.
Rising yields pushed the U.S. 10-year Treasury yield to its highest since early 2025.
Traders now expect the Federal Reserve to keep rates higher for longer, with some even pricing in a rate hike.
Altcoins also declined: Ethereum dropped 3% to $2,122.12, XRP fell 1.5% to $1.395, and Solana slipped 2%.
