After holding relatively stable during last weeks global market turmoil开yun体育网, cryptocurrencies have joined the sell-off.

Bitcoin, the worlds most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound.

Bitcoins prices havent been this low since just after President Donald Trumps Election Day victory last year launched a bull run in crypto prices. Trump, whose tariff announcements led to massive stock sell offs, has been a major promoter of the crypto industry and previously took credit when bitcoins price broke $100,000 in December. Bitcoin has been on a relatively steady slide in price since Trump took office earlier this year.

Bitcoins backers say it is a type of digital gold that can act as a hedge against volatility. But Garrick Hileman, an independent cryptocurrency analyst, said bitcoins price slide shows that thesis still hasnt proven to be true.

Its just not there today, he said. (Bitcoin) trades like a risky tech stock.

Other major digital assets saw even bigger one-day percentage drops on Monday morning.

Ether, the second most popular crypto token, was trading at about $1,500 on Monday morning. Its lost about half of its value since Trumps son, Eric Trump, encouraged his followers on social media to buy ether in early February.

President Trumps own meme coin, which he launched just before taking office and once hit a high of more than $70, dipped below $8 Monday morning.

Stock prices of crypto-focused companies also saw declines in early trading Monday.

在上周群众阛阓漂泊时辰，加密货币曾相对保捏雄厚，但如今也加入了抛售行列。

全国最受迎接的加密货币——比特币，在周一上昼跌破75,000好意思元大关后略有回升。

自前年唐纳德·特朗普（Donald Trump）在大选日奏凯后运转加密货币价钱的牛市以来，比特币的价钱一直处于如斯低点。特朗普的关税公告导致股市大限制抛售，他一直是加密行业的积极实施者，并在前年12月比特币价钱冲破10万好意思元时暗意了唱和。自本年特朗普上任以来，比特币的价钱一直处于相对雄厚的下落趋势。

比特币的复旧者称，比特币是一种不错抵御波动的数字黄金。但独处加密货币分析师加里克·希尔曼（Garrick Hileman）暗意，比特币价钱的下落标明这一论点尚未取得阐明。

他暗意，今天比特币的交往并不在理思景象，其交往样貌更像一只高风险的科技股。

周一早上，其他主要的数字金钱也遭受了更大的单日百分比跌幅。

以太币（Ether）是第二大受迎接的加密货币，周一早上交往价钱约为1500好意思元。自特朗普的女儿埃里克·特朗普（Eric Trump）于二月初在外交媒体上饱读舞其扈从者购买以太币以来，其价值已减半。

特朗普总统的“自创”模式币在赴任前夜推出，曾一度涉及70好意思元以上的高价，但周一早间跌破了8好意思元。

星期一早盘交往中开yun体育网，专注于加密货币的公司股价也出现了下落。