Here's Why Bitcoin, ETH, BNB, SHIB Prices Falling Sharply

Following the last week of upside, Bitcoin (BTC) along with the broader crypto market has come under selling pressure in the early trading hours on Monday. The BTC price is down 1.97% trading at $64,536 levels as the Japanese Nikkei 225 index slides nearly 5% today. Also, the victory of Shigeru Ishiba last week has once again led to concerns of more interest rate hikes ahead. Top altcoins like ETH, BNB have also faced the slump with meme coins like DOGE and SHIB seeing even sharper correction today.