Bitcoin has commenced the new week trading below $59,000, reflecting a 1% decline in the past 24 hours. The cryptocurrency market continues to exhibit volatility, with Bitcoin struggling to maintain its value amidst uncertain market conditions.

This recent dip underscores the ongoing challenges faced by the cryptocurrency sector, as regulatory pressures and market sentiment remain unpredictable. Investors are advised to exercise caution as the market navigates through these turbulent times, with no clear indicators of stability on the horizon.